Markets end lower on slower factory growth; Nifty below 8800: Indian equity markets finished the first trading session of the month in red in what was a highly volatile trade. Benchmark indices closed lower as caution prevailed ahead of the RBI policy review. Also, slower growth in Indian factory activity dampened the sentiments of the market participants. The market breadth indicating the overall health of the market was positive. The Sensex ended lower by 60.6 points at 29122.2 and the Nifty was down 11.5 points at 8797.4. The Indian rupee is trading marginally higher at 61.85 to the US dollar compared to previous close of 61.87 as demand for greenback from importers dried-up post month end.