India, Jan. 15 -- Equity benchmark indices Sensex and Nifty declined on Wednesday, extending their previous day's losses, due to weakness in IT, consumption, and select banking blue-chip stocks amid escalating geopolitical tensions.

Besides, persistent foreign fund outflows and fresh tariff-related uncertainties also unnerved investors, traders said. The 30-share BSE Sensex dropped 244.98 points, or 0.29 per cent, to settle at 83,382.71. During the day, it fell 442.49 points or 0.52 per cent to 83,185.20.

The 50-share NSE Nifty declined 66.70 points, or 0.26 per cent, to 25,665.60. Selective buying in markets and investors' interest in metals, commodities, and energy stocks provided limited support to indices.

"Indian benchmark indices...