SGX Nifty traded 17 points up at 9,812.
RUPEE: Rupee seen up tracking weak dollar amid likely inflows into local debt after RBI hikes FPI limit in government debt.
Rupee may open around Rs 65.45/$1 compared with Rs 65.51/$1 previous close.
GILTS: Gilt prices may open up on Friday after the government kept the borrowing calendar for the second half of current fiscal unchanged and increased the investment limit into local debt for foreign portfolio investors unchanged.
However, the government advanced majority of the borrowings in Oct-Dec 2018 quarter and retained the option for revision in December.
The 6.79%-2027 gilt may open around Rs 101.15-101.25 compared to previous close is Rs 101.03 (6.64%).
US STOCKS: McDonald's led the Dow Jones Industrial Average higher Thursday, while the S&P 500 inched up to a fresh high.
Major U.S. stock indexes are poised to post solid gains for the month and the third quarter on Friday, as investors remain largely upbeat about the health of the U.S. economy and American companies. The Dow industrials are up 2% so far in September, and are on track to log an eighth consecutive quarterly gain.
Thursday's session was relatively muted overall, as investors picked up shares in pockets of the market that had declined recently and assessed Republicans' proposal to overhaul the tax code
Shares of material companies led the S&P 500 higher, rising 0.7% as several chemicals companies and mining firms notched gains. Freeport-McMoRan was one of the leaders, up 3%, while Eastman Chemical also rose 3%.
ASIAN STOCKS: In Asia Pacific, most countries' stock indexes are set to end the month higher, with solid earnings and broad risk sentiment outweighing geopolitical concerns which have loomed large in the region with an escalation of tensions between North Korea and the U.S.
However with China closed next week for holidays, OCBC warned there might be some profit-taking Friday.
Leading the way regionally in September has been Japan, where the Nikkei is on pace to easily notch its best month of 2017, entering Friday's trading up 3.6%. It was recently down 0.3%, held back by a rebound in the yen--whose weakness has stoked this month's jump to two-year highs for the Nikkei. The dollar was recently at Y112.60, a half-yen stronger than where stock trading ended Thursday.
The best morning performer, meanwhile, was South Korea's Kospi. After barely ending a seven-session losing streak Thursday, its longest in three years, the index was up 0.5%. But it needs to rise some 0.8% Friday for the Kospi to not log its first quarterly decline of 2017.