Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged by blue-chip HDFC Bank and fresh foreign fund outflows.

Also mixed trends from global markets failed to give direction to the domestic equities.

The 30-share BSE Sensex declined 134.27 points to 79,514.65 in early trade. The NSE Nifty dipped 38.65 points to 24,308.35.

From the 30 Sensex firms, HDFC Bank, Tata Motors, Asian Paints, Bajaj Finance, Power Grid and Hindustan Unilever were the biggest laggards.

Bharti Airtel, Sun Pharma, Tata Consultancy Services and Axis Bank were among the gainers.

Nine of the ten Adani group firms bounced back during the early trade after declining sharply during intra-day on Monday.

In Asian markets, Seoul and Shanghai were quoting lower while Tokyo and Hong Kong traded in the positive territory.

The US markets ended on a mixed note on Monday.

Foreign Institutional Investors (FIIs) again turned sellers on Monday as they offloaded equities worth Rs 4,680.51 crore after a day’s breather, according to exchange data.