Reuters Market Eye - The Sensex and the Nifty are up around 0.5 percent. Shares in metal companies continue to gain for a second day after a positive reading on China's manufacturing sector on Thursday.
Jindal Steel and Power is up 4.6 percent.
Reliance Industries gains 1.3 percent after the company announced a new gas condensate discovery off the east coast of India in the Cauvery basin with British oil company BP Plc .
Blue chip shares such as ITC fall 0.9 percent on fears of foreign selling unless rupee recovers meaningfully.
Traders continue to remain wary of foreign flows at a time when overseas investors who had been net buyers of Indian stocks in 2013 sold a net 45.41 billion rupees worth of shares in the five sessions through Thursday.
(Reporting by Abhishek Vishnoi)