Indian benchmarks muted as gains in HDFC Bank, IT offset ICICI Bank losses

India's benchmarks off day's highs; Nifty 50 .NSEI up 0.1%, BSE Sensex .BSESN flat

Both rose as much as 1% earlier, adding to 5.6% gains in last six sessions

Gains in Nifty heavyweight HDFC Bank HDBK.NS and IT .NIFTYIT offset by ICICI Bank ICBK.NS and energy stocks .NIFTYENR

HDFC Bank jumps over 2% as lender seen as key beneficiary of RBI's revised regulations for priority sector lending

IT index up 1.5% as President Donald Trump indicates not all U.S. trading partners will be hit with tariffs on April 2

ICICI down 2%, snapping six sessions of gains

Reliance Industries RELI.NS down 1%, while Oil India OILI.NS falls 3% as Trump threatens tariffs on countries importing Venezuelean oil and gas

Broader mid .NIFMDCP100 and smallcaps .NIFSMCP100 down 1.1% and 1.6%, respectively, on profit booking after six sessions of gains, according to analysts