New Delhi, March 4 -- Indian stock indices extended their bearish run, with benchmark Sensex closed over 1,000 lower lower at the Wednesday closing bell, amidst escalating geopolitical tensions in West Asia that have invariably weighed down financial markets worldwide.

Sensex closed 1.4 per cent down or 1,123 points down at 79,116 points. Similarly, Nifty closed at 1.6 per cent down or 385 points down at 24,480 points.

Vinod Nair, Head of Research, Geojit Investments Limited, said, "Global risk sentiment remained fragile amid ongoing tensions in the Middle East and the closure of the Strait of Hormuz, which kept oil prices volatile. Indian equities mirrored the broader risk-off environment due to the impact of inflation and potential fo...