Sensex, Nifty flat as banks counter gains in energy, tech

Benchmark market indices opened flat on Thursday as banks countered gains in energy and tech stocks.

Indian shares were subdued in volatile trading on Thursday, as technology and energy sectors offset losses in banking stocks, while heavyweight Reliance Industries jumped more than 1% after a sharp fall in the previous session.

The blue-chip NSE Nifty 50 index was up 0.12% at 17,436 by 9:19 am, while the benchmark S&P BSE Sensex rose 0.06% to 58,374.48.