Indian equities Benchmark closed marginally lower on Thursday after the country’s finance minister presented the interim budget without any major announcements as expected, as concerns over U.S. rate cuts and high valuations weighed on markets.

Dear Trader… Markets oscillated in a narrow range on the budget day and settled marginally lower.  The tone was positive at the beginning however profit taking emerged around the previous swing high. Consequently,   Nifty future surrendered all its gains and finally settled closer to the day’s low at 21,741.00 level.