Mumbai: Equity benchmark indices opened on a flat note on Wednesday after two days of rallying.
At 11:15 am, the BSE S&P Sensex was up 69 points to 36,605 while the NSE Nifty 50 was up 6 points at 11,307.
Shares of SpiceJet slipped two per cent and those of Jet Airways dropped six per cent after the Directorate General of Civil Aviation (DGCA) grounded Boeing 737 Max aircraft with immediate effect.
Metal and media indices traded under selling pressure but realty, banking, FMCG, and IT indices were up.
Meanwhile, Asian stock markets traded in the negative territory amid fresh global uncertainties that weighed on stocks. Some traders took profits from a rally earlier in the week.
Investors have also been closely watching developments in Britain. Parliament has voted to reject a deal for the country to exit from the European Union.
The move plunges the Brexit process into chaos, barely 17 days before Britain is due to leave the bloc.