** Indian shares led higher by a rebound in IT stocks ahead of Wipro WIPR.NS, Tech Mahindra TEML.NS earnings

** Both Nifty 50 .NSEI, Sensex .BSESN rise 0.4%

** IT index .NIFTYIT gains 1.7% after dropping 1.7% in last two sessions; WIPR, TEML up 2% each

** Thirteen of the 16 major sectors advance; broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 gain 0.2% each

** High-weight financials .NIFTYFIN fall 0.2%, dragged by post-results decline in ICICI Lombard ICIL.NS, ICICI Prudential ICIR.NS, HDFC Life HDFL.NS and HDFC AMC HDFA.NS

** Lingering geopolitical tensions in the Mideast continue to weigh on the world's third-largest crude importer

** Brent LCOc1 hovers around $84.5 a barrel, as renewed U.S. strikes on Iran hurt sentiment

** Among stocks, Dixon Technologies DIXO.NS, Cyient DLM CYIT.NS, Kaynes Technology KAYN.NS, Syrma SGS Technology SYRM.NS and Amber Enterprises AMBE.NS rally on the government's production-linked incentive approvals for mobile and semiconductor manufacturing

** Mangalore Refinery MRPL.NS hits two-month high after reporting June-quarter profit, compared to a loss in the year-ago period