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A floor trader monitors share prices during afternoon trading. REUTERS

India shares were little changed on Friday, led by gains in engineering firm Larsen and Toubro after order win but sentiment remained subdued due to weakness in other regional markets.

Asian shares slipped on Friday on uncertainty about U.S. tax reforms.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 percent. On Wall Street, the S&P 500 lost 0.38 percent while the Nasdaq Composite dropped 0.58 percent.

U.S. Republican Senators said they want to slash the corporate tax rate in 2019, later than the House's proposed schedule of 2018, complicating a push for the biggest overhaul of U.S. tax law since the 1980s, Reuters reported.

At 0610 GMT, the S&P BSE Sensex fell 0.03 percent at 33,241 while the broader NSE Nifty dropped 0.06 percent to 10,303.

Among the top Sensex gainers, Larsen and Toubro rose 4 percent, ICICI Bank advanced 1 percent, ITC gained 1.6 percent while Bajaj Auto was up 0.9 percent.

L&T shares gained after its construction unit received orders worth Rs4023 crore across various business segments.

Divi's Laboratories advanced 5 percent after the company said the U.S. food and drug regulator has completed evaluation of corrective action and that it has closed out warning letter.

Just Dial jumped 13 percent amidst news report said that Google is said in talks to acquire the company.

But Bharat Petroleum Corp 1.4 percent ahead of its 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.