(Updates for markets open)

May 8 (Reuters) - India's benchmark indexes opened

little changed on Thursday, as investors assessed the ongoing

tensions with neighbour Pakistan and as the U.S. Federal Reserve

said risks of higher inflation and unemployment have risen due

to the global trade war.

The Nifty 50 fell 0.11% to 24,388.9 and the BSE

Sensex lost 0.07% to 80,691.44 as of 9:41 a.m. IST.

Seven of the 13 major indexes logged gains. The broader

small-caps and mid-caps rose 1% and

0.2% respectively.

The benchmarks ended flat on Wednesday after India launched

missile strikes on Pakistan and Pakistan-administered Kashmir.

Islamabad later vowed retaliation, rejecting terror camp claims,

and called the attack a breach of sovereignty that killed

innocent civilians.

The tensions spurred caution among investors, but foreign

investors remained buyers on Wednesday.

Meanwhile, the U.S. central bank said the risks of higher

inflation and unemployment had risen, further clouding the U.S.

economic outlook as its policymakers grapple with the impact of

President Donald Trump's tariffs.

Tata Motors, which makes the luxury Jaguar Land

Rover cars in Britain, gained 2.5% on reports that U.S. and U.K.

could likely announce trade deal later in the day.