Mumbai, Sept. 9 -- Indian equity markets closed under pressure on Wednesday as Brent crude oil prices crossed USD 100 per barrel, raising concerns over inflation and economic growth. During the session, the Nifty 50 also touched a three-month low.

The Nifty 50 index closed at 23,431.50, down 203.60 points or 0.86 per cent, while the BSE Sensex closed at 74,764.23, declining 813.35 points or 1.08 per cent.

Brent crude oil prices crossed the USD 100 per barrel mark at the time of reporting, rising 2.72 per cent. The sharp rise in crude prices increased concerns over inflation and its impact on the Indian economy, while also weighing on investor sentiment.

Vinod Nair, Head of Research, Geojit Investments, said markets are increasingly fac...