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hi gaurav,
what i personally feel is that u ere confused whether b.e. s not equivalent to b.tech,its not so .B.E. from any nit will be a better option for you than m.sc because after doing m.sc ur jo oppurtunities get very limited. as far as iiser is concerned, this too is research oriented so if you are really interested in research, i would suggest you go for it, pls take bits m.sc. as your last alternative.
after your msc from bits you will have go for p.hd and then the career left for you will be either that of a professor or u ll be in research field.So it solely depends on you whether u want to take job after graduation or go for further studies.
So, i'll suggest you to give first preference to nit be,and then iiser.
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