BSE: Top losers and gainers
It was a volatile session for markets on Thursday which saw key benchmark indices moving in a broad range.
Even the broader markets which survived the last two days of profit booking were seen coming under selling pressure.
Markets erased its early gains after rating agency Standard & Poor's (S&P) on Thursday said it may cut India's sovereign rating to below investment grade should the next government fail to provide a credible plan to reverse the country's low economic growth.
"The outlook remains negative, indicating that we may lower the rating to speculative grade next year if the government that takes office after the general election does not appear capable of reversing India's low economic growth," said the ratings agency in its report on Thursday.
The 30-share BSE Sensex closed at 20,822 down 72 points after touching a high of 21142.85 while the broader 50-share Nifty index closed at 6,187 levels down 27 points; the index touched a high of 6,289 today.