BSE Sensex Flat; M&M Gains Ahead of Earnings

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February 8, 2013 4:05 PM EST

The BSE Sensex is flat, while the 50-share Nifty rises 0.05 percent. Cement companies fall after earnings on Thursday trail market estimates: ACC falls 1.2 percent and Ambuja Cement Ltd (ABUJ.NS) is down 2.9 percent.

Indiabulls Financial Services Ltd (IBUL.NS) share drop 5.8 percent, after more than a dozen block deals on both National Stock Exchange and BSE.

Mahindra and Mahindra Ltd (MAHM.NS) shares gain 1 percent, while Sun Pharmaceutical Ltd (SUN.NS) rises 0.8 percent ahead of quarterly earnings due later in the day.

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