Stock market today: Gift Nifty hints a cautious start; eight day trading stocks to buy on Wednesday, 22 July

Indian markets are set for a cautious start on Wednesday, with Gift Nifty trading around 24,111.5, about 69 points below the previous close of 24,180.60. Benchmark indices ended lower on Tuesday, with Sensex falling 238 points to 77,470.11 and Nifty 50 declining 51 points to 24,187.70, weighed by elevated crude prices and escalating US-Iran tensions. While Asian markets traded sharply higher and Wall Street posted strong overnight gains, persistent geopolitical risks, rising Brent crude at $92.12 a barrel, and Trumps phased tariff plan on generic medicines are expected to keep domestic sentiment measured.