Stock market today, July 9 -- Indian benchmark indices witnessed a sharp selloff on Wednesday as escalating tensions between the US and Iran, coupled with a surge in crude oil prices, triggered broad-based market weakness.

The BSE Sensex plunged 1,677.12 points, or 2.15%, to settle at 76,503.60, while the NSE Nifty 50 dropped 516.65 points, or 2.12%, ending the session at 23,882.05.

However, the market is likely to open in green as trends in the Gift Nifty index signalled a positive start on Thursday, 9 July. Gift Nifty was trading near the 23,980 mark, down over 68 points from the previous close of Nifty futures.

"Indian equity markets are expected to trade with a cautious undertone as geopolitical tensions in the Middle East have esc...