Mumbai, July 24 -- The benchmark indices traded with limited losses in the mid-afternoon session, as selling pressure in IT stocks intensified further. The Nifty continued to trade below the 25,100 mark. Disappointing earnings from major IT companies dampened investor sentiment on Dalal Street.

Global cues further dragged sentiment. The White House's announcement that U.S. President Donald Trump will visit the Federal Reserve on Thursday - an unexpected move - has intensified tensions with Fed Chair Jerome Powell, creating uncertainty in global markets.

Adding to the pessimism, there was no progress on the interim trade deal between India and the U.S. ahead of Washington's 1 August deadline. According to media reports, negotiations betw...