India, July 9 -- Indian benchmark equity indices ended sharply lower on Wednesday as rising geopolitical tensions in the Middle East and soaring crude oil prices triggered heavy selling across sectors. The BSE Sensex plunged 1,677.12 points (2.15%) to close at 76,503.60, while the NSE Nifty 50 declined 516.65 points (2.12%) to settle at 23,882.05. Investors turned cautious after renewed military action between the United States and Iran increased concerns over global energy supplies and inflation.

Despite Wednesday's steep decline, early indicators suggest the market could witness a positive start on Thursday, July 9. Gift Nifty was trading around 23,980, indicating a likely higher opening compared with Wednesday's close. Although Gift N...