Mumbai, July 10 -- The domestic equity benchmarks slipped further on Thursday, extending losses for a second consecutive session, as investors treaded cautiously ahead of a possible India-US trade deal and the kickoff to the Q1 earnings season.

After a muted opening, indices steadily lost ground through the day. The Nifty 50 index closed just off its intraday low, ending below the psychologically important 25,400 mark. Selling pressure was visible across key sectors, with PSU banks, IT, and FMCG stocks leading the decline.

The S&P BSE Sensex declined 345.80 points or 0.41% to 83,190.28. The Nifty 50 index fell 120.85 points or 0.47% to 25,355.25. In two consecutive trading sessions, the Sensex shed 0.62%, while the Nifty fell 0.66%.

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