Stock market today: Gift Nifty hints cautious start; seven day trading stocks to buy on Thursday, 9 July

Indian benchmark indices plunged on Wednesday as escalating US-Iran tensions and a surge in crude oil prices triggered a broad-based selloff. The BSE Sensex fell 1,677.12 points or 2.15 percent to close at 76,503.60, while the NSE Nifty 50 dropped 516.65 points or 2.12 percent to settle at 23,882.05. US Fed minutes showed some officials saw a case for raising interest rates amid elevated inflation risks, while Gift Nifty hints at a cautious positive start around 23,976.5 for Thursday.