Mumbai, Oct. 28 -- The key equity indices remained under pressure in morning trade on Wednesday, as persistent concerns over elevated crude oil prices, weakness in heavyweight stocks and mixed corporate earnings continued to weigh on investor sentiment. Caution ahead of the US Federal Reserve's monetary policy decision further dampened risk appetite, with market participants closely monitoring the potential implications for global financial markets. The Nifty traded below the 22,550 mark, reflecting sustained selling pressure in the domestic equity market.

IT shares declined for second consecutive trading sessions.

At 10:25 IST, the barometer index, the S&P BSE Sensex declined 892.16 points or 1.21% to 72,706.51. The Nifty 50 index fell...