Reuters Market Eye - The BSE Sensex and the Nifty each gain 0.1 percent, but trading is choppy ahead of U.S. non-farm payrolls data on Friday which could help shape expectations about the timing of the withdrawal of the Federal Reserve's monetary stimulus.
Recent outperformers such as ICICI Bank continue to fall on profit-taking, with the country's biggest private sector lender down 0.8 percent, heading for a fourth consecutive session of falls. ICICI Bank's shares surged 27 percent in October.
Public sector rival State Bank of India is down 0.6 percent ahead of its results next week.
(Reporting by Swati Bhat)