Bengaluru, July 2 -- Nifty 50 ended the day at 25,453.40, down by 88.40 points or 0.35%. Bank Nifty settled at 56,999.20, dropping 460.30 points or 0.80%. Meanwhile, the Sensex closed at 83,409.69, recording a decline of 287.60 points or 0.34%.

Global events/updates US President Donald Trump announced on Truth Social that Israel has accepted the "necessary conditions" for a proposed 60-day ceasefire in Gaza. He stated that during this period, the United States would collaborate with all parties to bring the conflict to an end, though he did not elaborate on the specifics of the ceasefire agreement. Trump says he won't extend the July 9th trade deadline. INDIA-US TRADE DEAL: India has pitched for social security agreement as part of US tr...