Mumbai, June 30 -- The Indian stock markets witnessed a decline on Monday as investors booked profit after a rally for the past four sessions.

At the end of the trading session, Nifty was down 124.00 points or 0.48 per cent at 25,513.80 and the BSE's Sensex was down by 458.47 points or 0.55 per cent, reaching 83,600.43.

"Nifty has closed below the upper Bollinger band, indicating a pause in the rally at the current levels. The pause can likely be the profit booking after a breakout from the 25200 levels," noted Praveen Dwarakanath, Vice President of Hedged.in.

Among the index constituents, Tata Consumer, Kotak bank and Axis bank emerged as the top losers, while Trent and Bharat Electronics Ltd (BEL) were the major gainers.

On the sect...