Benchmark indices saw early gains in trade, as Asian markets were trading firm, led by the Japanese Nikkei, after ferocious selling on Thursday.
Sugar stocks saw some early losses after the government imposed 20 percent customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs 40/kg. Oudh Sugars, Balrampur Chini, Dhampur Sugars and most other stocks were trading lower.
Shares in Kajaria Ceramics rallied after the company's board approved a stock split from Rs 2 to Rs 1.
Shares in Carborundum Universal jumped after foreign investors were allowed to buy higher shares in the company.
Meanwhile, markets across Asia were trading with gains led by the Japanese Nikkei and the Hang Sang. US Markets saw good closing, despite worries over the UK referendum slated for June 23. The rupee was last trading at 67.13 to the US Dollar.