India, Aug. 4 -- Indian shares were mixed in cautious trade on Tuesday as investors tracked the latest developments in the U.S.-Iran conflict and looked forward to the upcoming RBI's monetary policy decision for directional cues.
The 30-share BSE Sensex was up 190 points, or 0.2 percent, at 78,828 while the broader NSE Nifty index dropped 148 points, or 0.6 percent, to 24,626.
LIC shares slumped nearly 6 percent after the government said it would offload up to 6.54 percent of its holding in the insurer through an offer for sale.
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