New Delhi, July 23 -- The Indian stock market is poised for a weak start on Thursday, following mixed cues from global markets, as investor sentiment remain fragile amid escalating US-Iran war in the Middle East. A fresh surge in global oil prices and growing concerns over the conflict's potential impact on global energy supplies and inflation continue to weigh on risk appetite. The trends on Gift Nifty also indicate a negative start for the Indian benchmark indices, Nifty 50 and Sensex today.

The Gift Nifty was trading around 23,884 level, a discount of nearly 104 points from the Nifty futures' previous close.

The latest escalation in the US-Iran war has pushed up crude oil prices, intensifying concerns over inflation, central bank pol...