India, Jan. 30 -- Indian shares eked out modest gains on Thursday to end higher for a third straight session.

Global cues were positive after a hawkish hold from the Federal Reserve and broadly positive earnings from U.S. tech companies.

The upside was capped due to mixed domestic earnings results, the expiry of monthly F&O contracts and caution ahead of the Union Budget this weekend and next week's MPC meeting.

Following recent measures to address tight liquidity conditions in the banking system, the Reserve Bank of India is expected to commence the rate easing cycle with a 25-basis point rate cut in the February 7 policy meeting.

Finance Minister Nirmala Sitharaman's second full Union Budget for the Modi 3.0 government is being looked...