Equity benchmark indices opened on a flat note on Thursday with most sectoral indices showing mixed results.BSE S&P Sensex was up 46 points at 39,101 while the NSE Nifty gained 27 points to 11,753.

Shares of Jet Airways dropped 1.7 per cent while Spicejet slid over 2 per cent after the government grounded Boeing 737 MAX 8 aircraft following the deadly crash in Ethiopia.