Mumbai: The BSE benchmark index Sensex declined by 59 points in early trade on Thursday as funds and retail investors booked profits after recent gains amid weakening trend on other Asian bourses.

The 30-share index, which had gained nearly 454 points in the previous three sessions, declined by 59 points, or 0.32 percent, to 18,143.41 with consumer durables, oil and gas and realty stocks coming under pressure.

In a similar fashion, the wide-based National Stock Exchange index Nifty shed 22.20 points, or 0.40 percent, to 5,509.75.

Brokers said profit booking by participants after recent rally amid weakening trend in other Asian markets tracking overnight losses on the US markets on renewed concerns over Greece's debt crisis, mainly influenced the trading sentiment.

In the Asian region, Hong Kong's Hang Seng index fell by 0.74 percent, while Japan's Nikkei Index shed 0.26 percent in morning trade.

The US Dow Jones Industrial Average ended 0.76 percent lower on Wednesday.