Indian equity benchmarks closed lower on Monday, following the previous session’s rally, as investors awaited domestic inflation data for clues on the central bank’s interest rate trajectory, while the corporate earnings season draws to a close.

Dear Trader… Weak trade persisted over the Dalal Street in Today deals, with both Sensex and Nifty trading marginally lower, amid mixed cues from other Asian markets. Sentiments remained downbeat, as a private report stated that asset management companies mobilised Rs 17,805 crore through 67 new fund offerings (NFOs) in