Vedanta group shares today fell after S&P has put Vedanta Resources on 'creditwatch negative'.
S&P cited in part uncertainty behind the proposed merger between Vedanta and Cairn India.
Vedanta made a $2.3-billion offer in June to buy out minority shareholders in cash-rich Cairn India.
Vedanta shares were down 3.6 per cent and Cairn India was down 2.5 per cent.
The ratings agency has Vedanta Resources rated as ‘BB-minus’.