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Stock Market Crash News Today Live Updates: GIFT Nifty Points To Gap-Down Open For Nifty, Sensex; Brent Crude Surges Near $96 A Barrel

NDTV Profit 3 hrs ago·23 Jul 2026, 1:49 am

Indian stock markets are set to open lower on Thursday, with the GIFT Nifty indicating a gap-down start for the Nifty 50 and Sensex. The early indicator is trading around 23,885, down from the previous close of 23,996.25. This negative sentiment is also being driven by a sharp rise in global crude oil prices, which have surged near the $96 per barrel mark. Higher oil costs typically increase the burden of fuel and logistics expenses for companies, which can squeeze their profit margins.

For investors, this combination of weak domestic cues and rising global commodity prices creates a cautious environment. A gap-down opening suggests that selling pressure may dominate the early trading session. Investors should monitor the opening trades to gauge the market's reaction to the crude oil spike and the broader global sentiment. It is important to stay informed about how major sectors, particularly those dependent on energy, perform during this volatile period.

Key takeaways

  • Category: Stocks.
  • AI reads the tone as negative (potentially bearish) for the stock.
  • Assessed as a significant, market-relevant update.

Why it matters

A meaningful update worth tracking. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at NDTV Profit.

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Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.