Mumbai, Nov. 21 -- India's benchmark equity indices closed marginally lower on Thursday amid profit booking. Markets were subdued through the day even as the Union cabinet on Wednesday approved the government's mega divestment exercise and the markets regulator tightened default disclosure norms.

BSE Sensex lost 76.47 points or 0.19% to close at 40,575.17. The Nifty 50 index fell 30.70 points or 0.26% to close at 11,968.40.

According to analysts, the market will await the gross domestic product (GDP) data, due on 29 November, that is likely to indicate that the slowdown in the Indian economy was deepening. Investors will also watch out for developments around the US-China trade deal.

The BSE Midcap and Smallcap fell 0.73% and 0.43% res...