Traders walks infront of an electronic board in Mumbai, India. Reuters

India shares edged higher on Thursday after a two-day selloff, tracking gains in other regional markets.

Asian shares held near decade peaks following another record breaking day on Wall Street.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 percent and in close reach of a 10-year high set the previous day.

Wall Street rose overnight thanks to a rally by videogame makers, with all three major indexes closing at record highs.

At 0640 GMT, the S&P BSE Sensex rose 0.1 percent at 33,251 while the broader NSE Nifty gained 0.06 percent to 10,309.

Among the top Sensex gainers, Asian Paints rose 1.9 percent, ICICI Bank advanced 1.6 percent, Reliance Industries gained 2 percent while NTPC was up 1.4 percent.

Hester Biosciences jumped 6.5 percent after its second-quarter profit rose to Rs 8.86 crore versus profit of Rs 6 crore a year ago.

Bharti Airtel shares rose nearly 2 percent after ending 4 percent lower in the previous session on multiple block deals.

State Bank of India up 1.3 percent ahead of its September quarter earnings on Friday.
Tata Motors 2.2 percent ahead of its September quarter earnings due later in the day.

Market breadth was in the favour of gainers, with about 2 stocks advancing to every 1 stock that declined.