BSE Sensex flat; auto stocks gain, IT stocks fall

Reuters Market Eye - The BSE Sensex is up 0.14 percent, while the Nifty gains 0.05 percent. Tata Motors gains 1.2 percent after Monday's fall on slowdown in February sales is seen overdone, while Ranbaxy Laboratories rises for a second day after Nomura upgrades the stock to "buy".

IT stocks fall for a second day on profit-booking after last week's rally in stock prices.

Tata Consultancy Services falls 0.9 percent while Infosys is down 0.7 percent.

(Reporting by Abhishek Vishnoi)