Mumbai, July 10 -- The domestic equity benchmarks ended with a modest cut today, declining for the second day in a row, as investors remained cautious ahead of a potential India-US trade deal and the start of the June-quarter earnings season, with TCS set to announce its results later in the day. The Nifty settled below the 25,400 level.

PSU bank, IT and Pharma shares declined, while realty, metal and consumer durables shares advanced.

As per provisional closing data, the barometer index, 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%.

In the broader market, the S&P BSE ...