Stock markets update: Equity benchmark indices declined in early trade on Thursday amid weak trends in Asian markets and unabated foreign fund outflows. The MidCap index dropped by 0.28 per cent, while the SmallCap index fell slightly by 0.06 per cent, reflecting a cautious sentiment among investors. Sectoral outlook Among sectors, the Nifty FMCG index showed slight resilience, gaining 0.1 …