2-Nitroaryl aldehydes, ketones, and imines were reductively cyclized to 2, 1-benzisoxazoles with good yields in the presence of indium and iodine in MeOH. Under a similar condition, N- (2-nitrobenzylidene) anilines were produced mixtures of 2, 1-benzisoxazoles and 3-anilino- 2-phenyl-2H-indazoles.