Sensex and Nifty fall as crude rises and investors remain cautious
- Sensex fell more than 500 points in early trade; other reports put the decline near 700 points
- Nifty slipped below 23,000 in early trade; reports cite levels below 22,950 and 22,900
- Fourteen of 16 major sectors logged losses
- Rising crude and broad losses pressure Indian equities, including small- and mid-cap stocks
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