Reuters Market Eye - The BSE Sensex and Nifty were flat in trade. Infosys gains 1.25 percent, while Tata Consultancy Services is up 0.4 percent on hopes of incentives for exporters in the 2013/14 budget to be unveiled on February 28.
However, shares in Housing Development Finance Corp Ltd fall 2.7 percent after Goldman Sachs cut its rating to "sell" from "neutral", on expectations that Asia's third-largest economy would recover at a "modest" pace and the prospect of rising competition.
(Reporting by Abhishek Vishnoi)
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