Sensex, Nifty open flat as auto stocks offset gains in state-run banks

Indian shares opened flat on Thursday as auto stocks negated gains in public sector banks, with lingering concerns about global economic recovery also weighing on market sentiment. The blue-chip NSE Nifty 50 index was down 0.04% to 17,703.9 by 9:20 am and the benchmark S&P BSE Sensex was 0.05% lower at 59,384.8.…