The Indian benchmark indices witnessed a decline as the Sensex fell 500 points to settle at 77,344 and the Nifty declined over 161 points 24,164 at 3:30 PM.

Previously, during the early morning session, the BSE Sensex was down 463.23 points, or 0.60 per cent, at 77,381.29, while the NSE Nifty50 declined 125.15 points, or 0.51 per cent, to 24,201.85.