Sensex flat; gold-based lenders jump

Reuters Market Eye - The BSE Sensex edges up 0.05 percent, while the Nifty inches 0.03 percent higher.

Software stocks gain a day ahead of Infosys Ltd Oct-Dec earnings. Infosys gains 1.4 percent, while Wipro Ltd is up 0.6 percent.

Gold-based lenders surge to their maximum daily limit after the RBI on Wednesday relaxed gold lending rules. Muthoot Finance surges 20 percent, while Manappuram Finance jumps 19.8 percent.

Also helping sentiment, foreign investors bought Indian shares worth 796.8 million rupees on Wednesday, ending a three-day selling streak.

(Reporting by Abhishek Vishnoi)