The Indian market fell for the second straight session on Monday hit by negative global cues ahead of the Federal Reserve meeting. Sensex slipped 872 pts to 58,773 and Nifty closed 267 pts lower at 17,490. Tata Steel, Asian Paints and Wipro were the top Sensex losers, falling up to 4.5 per cent. ITC and Nestle India were the only Sensex gainers, rising up to 0.64 per cent.