The Indian stock markets witnessed a decline in early trade on Friday, with benchmark indices Sensex and Nifty slipping further amid continuous foreign fund outflows and growing concerns over the US Federal Reserve's recent stance on interest rates.

The 30-share BSE Sensex fell 214.08 points, or 0.27%, to 79,003.97, while the NSE Nifty dropped 63.8 points, or 0.27%, to 23,887.90 in early trading.