New Delhi, July 23 -- Buy or sell stocks, 23 July 2026: The key benchmark indices of the Indian stock market are poised for a weaker start, with investor sentiment remaining fragile as escalating tensions in the Middle East fuel a fresh surge in global oil prices and weigh on risk appetite. Early indications from Gift Nifty point to a modest gap-down opening, reflecting growing concerns over the conflict's potential impact on global energy supplies and inflation.

Markets were rattled after Yemen's Houthi rebels reportedly attacked two Saudi oil tankers, opening a new front in the regional conflict and raising fears of further disruptions to crude supplies. The latest escalation has pushed WTI crude toward $88 a barrel, while Brent has cl...