Nikkei was up 0.4% while Hang Seng was up 1.13%, Shanghai 0.14% and Sensex 0.1%.
Nikkei traded down 0.34% but Hang Seng was up 0.54%, Kospi 0.4% and Sensex 0.2%. Shanghai ended up 0.2%
Financial stocks rallied amid reports Govt is likely to finalise the capital infusion plan for PSU banks.
The S&P BSE Sensex extended its gains for the third straight day, suring by another 107 pts to finish at 2-month high at 27,247.16.
Benchmark Sensex surged nearly 241 points to close at a two-month high of 27,140 and Nifty reclaimed the 8,300-level.
The benchmark Sensex remained range-bound in choppy trade, ending about 33 points down as investors preferred to stay light ahead of earnings season.
Marked by day-long swings, the stock market came off its nearly two-month high by falling over 119 points to close at 26,759.
Market traded sideways and ended a touch lower, hit by selling by foreign investors towards the close of the session.
Reversing its previous day's losses, the Sensex today staged a comeback to end with a paltry gain of 48 points at 26,643.
There was accelerated selling after the manufacturing sector contracted in December, hit hard by demonetisation, and fresh weakness in the rupee.