A day before the Union Budget, Indian benchmark equity indices closed marginally lower in a volatile market on Monday, dragged down by index heavyweights Reliance Industries and banking stocks.

Dear Trader… The 30-share BSE Sensex fell 103 points, or 0.13%, to settle at 80,502. The broader NSE Nifty Future dropped 12 points, or 0.05%, to end at 24,517. From the Sensex pack, Reliance Industries and Kotak Mahindra Bank were top laggards, falling about 3.5%. ITC, SBI, HCL Tech, IndusInd