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Mumbai, Dec 24 (IANS) Indian stock market benchmarks Sensex and Nifty ended slightly lower on Wednesday as selling pressure in oil and gas, pharmaceutical and IT stocks weighed on the indices. Trading activity also remained dull as investors stayed cautious ahead of the Christmas holiday on Thursday.The Sensex closed at 85,408.70, slipping 116.14 points or 0.14 per cent. Similarly, the Nifty ended at 26,142.10, down 35.05 points or 0.13 per cent from the previous close.“The index gravitated to…