Indian equity benchmarks Sensex and Nifty declined in early trade on Friday, tracking weak global cues and profit-booking after a strong November rally. Rising crude prices, inflation concerns and expectations of interest rate hikes weighed on market sentiment. Mumbai: Domestic equity benchmarks opened lower on Friday and extended losses in early trade, tracking weak global cues and profit-booking after the sharp November rally. Sensex declined about 450 points or 0.