Indian stocks were mixed and traded in a narrow range on Monday as caution prevailed ahead of GDP data later in the day and the central bank's monetary policy meet on Tuesday.
India's economic growth likely picked up in the July-September quarter, outpacing China on improving domestic demand and manufacturing activity that could persuade the Reserve Bank of India to keep interest rates unchanged on Tuesday.
Asia's third-largest economy likely expanded 7.3 per cent in the second quarter of the current financial year that ends in March, compared with 7 per cent in April-June, according to analysts polled by Reuters.
"The market is indecisive. I don't think the market is assuming any direction looking at the indices," said Deven Choksey, managing director at KR Choksey Securities.
The broader NSE index was trading 0.06 per cent lower, heading towards a 1.6 per cent decline for the month.
The benchmark BSE index was up 0.04 per cent, on track to shed 1.9 per cent this month.
Gains in auto, capital goods and consumer staples helped narrowly edge out losses in energy, materials, telecom and healthcare stocks.
Tata Motors rose 1.75 per cent, Bajaj Auto gained 2 per cent while Maruti Suzuki was up 1.12 per cent ahead of monthly auto sales numbers on Tuesday.
Shares in Bharti Airtel were down 2.1 per cent after the company announced capex plans that included 600 billion rupees of investments over the next three years.
IDBI Bank jumped over 9 per cent on a report that the government was in talks to sell some stake in the bank.