Stock market news, July 9 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to see a bout of short-covering on Thursday after witnessing a sharp selloff in the previous session, triggered by escalating tensions in the US-Iran conflict and a surge in crude oil prices.

Asian markets traded higher on Thursday, while the US stock market ended mixed overnight as investors assessed the latest developments in the Middle East.

On Wednesday, Indian equities witnessed broad-based selling after the escalation of the US-Iran war heightened geopolitical concerns and pushed crude oil prices higher.

The BSE Sensex plunged 1,677.12 points, or 2.15%, to close at 76,503.60, while the NSE Nifty 50 dropped 516.65 points, or 2.1...