Markets end marginally lower ahead of UK election, ECB meet

BSE IT index was the biggest sectoral loser, down 1.5% dragged by TCS

Benchmark indices ended marginally lower on Thursday braced for any surprises from major global events including the UK elections, European Central Bank's policy meet and testimony from ex-FBI director James Comey.
 
Losses were however capped after RBI in its bimonthly policy review yesterday cut its inflation projections and delivered a less hawkish stance. The central bank yesterday kept the repo rate unchanged at 6.25%, in line with Street expectations but reduced the SLR 50 bps to 20, making it easier for the banks to lend.
 
The S&P BSE Sensex settled the day at 31,213, down 58 points, while