Mumbai (Maharashtra) [India], August 31 (ANI): Domestic benchmark equity indices closed lower on Monday as fading hopes of a diplomatic breakthrough between the US and Iran kept investors cautious, while market participants also remained watchful ahead of the release of India's GDP growth numbers.

The Nifty 50 closed at 24,080.40, down 95.25 points or 0.39 per cent, while the BSE Sensex ended at 76,957.27, declin