In Asia, the Nikkei 225 was trading up by 0.39%, while the Hang Sang was higher by 1.32%. The Shanghai Composite was trading high by 0.32%.
On Thursday, markets reacted negatively after inflation data came higher than expected, leaving less scope for a RBI rate cut.
On the sectoral front on BSE, all the sectors were trading positively. PSU, Consumer Durables, Bankex and realty leading the rally.
The gainers in morning trade were IDFC, ACC, ONGC and Jaiprakash Associates.
Stocks that failed to lure investors in early trade were Bajaj Auto, Bharti Airtel, BHEL, Cipla.