India, Oct. 28 -- Benchmark Sensex fell 352.64 points on Wednesday, dragged down by selling in Reliance Industries and IT stocks amid rising crude oil prices and caution ahead of the US Federal Reserve's policy decision. Meanwhile, Jio Platforms made a strong market debut, gaining nearly 27 per cent over its issue price.

The 30-share BSE Sensex plunged 995 points to an intraday low of 72,603.57 before recovering some losses to close at 73,246.03, down 0.48 per cent. The NSE Nifty declined 50.90 points, or 0.22 per cent, to settle at 22,698.85.

Reliance Industries fell 3.46 per cent, while Infosys dropped 3.34 per cent. Tech Mahindra, TCS and Bharti Airtel also declined.

Jio Platforms closed nearly 27 per cent above its issue price of R...