New Delhi, July 2 -- India stock benchmarks continued to remain in the red after the latest rally, in what analysts attribute it as profit booking by investors.

Besides, analysts opine uncertainties around extension in Trump reciprocal tariffs beyond July 9, and a India-US bilateral trade agreement weighed on the Indian stock indices this week.

Today, the benchmark indices witnessed profit booking at higher levels, said Shrikant Chouhan, Head Equity Research, Kotak Securities

The Nifty ended 88 points lower, while the Sensex closed 288 points lower.

Among sectors, Metal index outperformed, rallied 1.41 percent, whereas the Realty index lost the most, shedding 1.44 percent.

"Technically, after a muted open, the market has been consist...