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Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and a "steady deterioration in standards of governance" over the past two decades. The rating was cut on Tuesday one notch to AA+ from AAA, the highest possible rating.
BSE Sensex added 5.41 points, or 0.01 per cent, to settle at 62,792.88, while NSE's Nifty50 rose 5.15 points, or 0.03 per cent, to end the session at 18,599 for the day.
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Among the major movers on the National Stock Exchange (NSE), agri-biotechnology firm Equippp Social Impact Technologies has emerged as the top gainer in the list.