New Delhi, July 10 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to have a sluggish start on Thursday, tracking mixed cues from global markets.

The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading around 25,567 level, a premium of 8.2 points from the Nifty futures' previous close.

Stock markets ended the day lower on Wednesday as there was a sell-off in IT and oil & gas stocks, with investors becoming wary ahead of the earnings season and amid mixed trends globally.

The 30-share BSE Sensex dropped by 176.43 points, or 0.21%, closing at 83,536.08. Throughout the day, it experienced a decline of 330.23 points, or 0.39%, reaching a low of 83,382.28....