New Delhi, Sept. 2 -- Indian markets crashed on Wednesday amid escalating geopolitical tensions in West Asia and rising global crude oil prices, which overshadowed the strong macro and GDP growth.

The benchmark BSE Sensex stood at 76,230.86 points, falling 713.42 points or 0.93 per cent. Similarly, the broader NSE Nifty 50 dropped 197.80 points or 0.82 per cent to stand at 23,858.00 points.

"Indian markets are pointing to a weak open as per the futures. Despite the strong macro and GDP print, the Iran war disruption is keeping Indian markets challenged. Global factors are dominating the strong domestic picture unfortunately," Ajay Bagga, Banking and Market expert said.

"Risk off globally, with renewed escalation in the Iran war leading...