Mumbai/IBNS, Jan. 8 -- The Indian stock market traded in the red on Thursday morning, with the BSE Sensex slipping over 250 points and the NSE Nifty 50 falling below the 26,050 mark, media reports said.

Among the gainers in early trade were DSJ Keep Learning Ltd., which surged 11.53 per cent, followed by Tata Elxsi Ltd. (9.51 per cent), Sonata Software Ltd. (6.03 per cent), Embassy Developments Ltd. (4.99 per cent) and Avenue Supermarts Ltd. (4.86 per cent).

On the losing side, Foce India Ltd. dropped 4.91 per cent, Cipla Ltd. fell 4.11 per cent, CSB Bank Ltd. declined 3.92 per cent, Mahindra & Mahindra Financial Services Ltd. slid 3.84 per cent and Sun TV Network Ltd. was down 3.44 per cent.

He added that the Bank Nifty may see suppor...