Indian stock markets are bracing for a sharp decline on Thursday, with GIFT Nifty plummeting 430 points to 22,411 in response to escalating geopolitical tensions following remarks by former U.S. President Donald Trump regarding Iran. Oil prices surged over 4%, nearing $105 per barrel, raising inflation concerns. Key stocks to watch include TVS Motor Company, which reported a 25% year-on-year increase in sales to 5.19 lakh units, driven by growth in electric vehicles and exports. Indian Bank also showed strong performance, with a 13.1% rise in total business to Rs 14.98 lakh crore. Wipro is in focus after announcing leadership changes and launching a new AI-focused business unit. Overall, the market is expected to remain volatile as investors react to geopolitical developments and fluctuating oil prices.