Silver's future contracts with September expiry hit a lifetime high of over Rs Rs 1.11 lakh per kg on the MCX.

Sensex declined 466.68 points or 0.56 percent to 82,723.60, while the broader Nifty shed 131.15 points or 0.52 percent to 25,224.10, slipping below its 20-day moving average (20-DMA).