Stock market today: Gift Nifty signals weak start as crude stays above $97

Oil prices rose as Middle East conflict intensified, with Iran warning of retaliation against US attacks. The Strait of Hormuz remains critical for global crude shipments. Of 30 Sensex constituents, 23 ended in the red while seven advanced. Tech Mahindra, Tata Steel, and Bajaj Finserv declined, while Larsen & Toubro and Bharti Airtel gained.

Iran warned that it would retaliate against any further US attacks on its assets.