TalkTalk rang up stock market gains as it reported surging growth in its TV business, helping shares up 10% on a bright day for the sector.

BSkyB was also up as it posted a modest recovery from losses seen after it lost out in the battle for Champions League football to BT.

The wider FTSE-100 Index was flat, just 1.6 points lower at 6726.8, as fears over the tapering of America's huge asset-buying programme continued to weigh on investors.

The Dow Jones slipped back from the peak during the latest session while markets in Germany and France were also in the red.

In London, a sharper-than-expected drop in the Consumer Prices Index measure of inflation to 2.2% in October failed to lift equities, despite hitting a 13-month low as it fell from 2.7% in September.

But the data, seen as easing pressure to hike interest rates, threaten to bring a rally in sterling to an end, with the pound down one cent against the greenback to 1.59 US dollars and off a cent against the single currency to 1.19 euros.

On the FTSE-250 Index, TalkTalk Telecom surged 25.5p to 275.4p after it raised its revenue growth guidance thanks to strong demand from new TV customers.

Investors took heart despite heavy spending on TV expansion, sending underlying pre-tax profits plunging to just £9 million in the six months to the end of September, from £85 million a year earlier.

In the top-flight, blue chip rival Vodafone also advanced, gaining 3.9p to 231.2p, after announcing plans to ramp up spending by another £1 billion to £7bn as it reaps the benefit of the £84bn sale of Verizon Wireless.

But details of the investment update came as the company highlighted the impact of difficult trading conditions in Europe, with its service revenues down and adjusted operating profits 8.3% lower at £5.7 billion. Chief executive Vittorio Colao described trading conditions in Europe as "very tough" but said he was encouraged by signs of economic recovery.

Meanwhile, BSkyB shares gained 1%, or 11p, to 840p after falling nearly 11% in the prior session following its defeat over a deal to show European football for three seasons. BT, which took the prize with a £900 million bid, was also up, climbing 3p to 377.1p.

RSA, another heavy loser in the previous session - after its second profits warning in a week, following the discovery of "issues" in its Irish operation - pared back some of the fall, climbing 1.3p to 109.4p.

The biggest FTSE-100 risers were CRH, up 50p to 1609p, Vodafone up 3.9p to 231.2p, Kingfisher up 6.4p to 392.5p and Centrica up 5.1p to 360.4p.

The biggest fallers were Aberdeen Asset Management, off 19.7p at 416.9p, Fresnillo down 37p to 915.5p, Royal Bank of Scotland down 8.2p to 331.6p, and Anglo American down 33.5p 1440.5p.