The markets ended lower due to weak global cues and a warning from S&P about the possibility of a credit rating downgrade for India. The Sensex closed down 0.86% and the Nifty fell 0.92% led by losses in real estate, power and banking stocks. Accusations of corrupt practices against DLF and Indiabulls by activist Arvind Kejriwal also weighed on realty stocks. Automobile sales data showed a decline in September due to higher fuel prices.