Fitch's warning to downgrade France and other six European countries hurt investors' sentiments driving equities down on both BSE and NSE.
On the sectoral front on the Bombay Stock Exchange (BSE), the only sectors seen positive were Oil & Gas, FMCG and Auto, were up by 0.98%, 0.60% and 0.03%, respectively.
The major sectors on the losing side were Consumer Goods (3.71%), Realty (3.19%), Bankex (3.09%), Power (1.70%) and PSU (1.67%).
On the National Stock Exchange (NSE), the top volume gainers were Tata Motors, Cairn, Sail, Coal India and Reliance, all gained by 4.06%, 3.95%, 3.08%, 2.18% and 2.03%, respectively.
And, the big losers on the NSE were Axis Bank (5.91%), L&T (4.13%), PNB (4.05%), RCom (3.58%) and Jindal Steel (3.49%).