New Delhi, Feb. 5 -- Indian stock indices settled lower on Thursday, with analysts attributing the decline to profit booking following the recent uptick after the announcement of the India-US trade deal.

Sensex closed at 83,313.93 points, down 503.76 points, or 0.60 per cent, while Nifty closed at 25,642.80 points, down 133.20 points or 0.52 per cent, respectively.

According to Vinod Nair, Head of Research, Geojit Investments Limited, Indian equities saw consolidation, as weakness was followed by a sharp rally in recent sessions driven by optimism around the US-India trade deal.

Nair said possibly profit booking was at play today.

"Global cues added further pressure, with concerns over a broad-based tech sell-off in international mark...