<h1>Sensex and Nifty Drop After Three-Day Rally; Infosys and Axis Bank Fall Over 5% Post-Earnings.</h1> Equity benchmark indices Sensex and Nifty fell in early trade, ending a three-day rally, impacted by declines in Infosys and Axis Bank. Infosys dropped over 5% despite raising its annual sales forecast following an 11.46% rise in third-quarter net profit. Axis Bank also fell over 5% post-earnings. Other laggards included Tata Consultancy Services, HCL Tech, IndusInd Bank, and ICICI Bank. Conversely, Reliance Industries rose over 2% after reporting a 7.4% increase in quarterly net profit. Global trends and foreign fund outflows contributed to the market's decline, with US markets ending lower and mixed performances in Asian markets.