New Delhi, July 17 -- The Indian stock market traded lower on Thursday, dragged by selling in IT and banking stocks, amid mixed global cues. The benchmark Sensex was marginally down, while the Nifty 50 slipped below the 25,200 level.

Tech Mahindra, IndusInd Bank, Infosys, SBI Life Insurance, ICICI Bank and Larsen & Toubro (L&T) shares were the top losers among the Nifty 50 constituents.

In the previous session, the equity market ended flat with a positive bias. The Sensex rose 63.57 points, or 0.08%, to close at 82,634.48, while the Nifty 50 closed 16.25 points, or 0.06%, higher at 25,212.05.

The highest Nifty Open Interest (OI) on the Call side is at the 25,300 strike, followed by 25,200 which could act as resistance levels. On the Pu...