The BSE Sensex was up 0.4% in early trade on Friday, with Tata Steel and Maruti Suzuki leading the rise.
Tata Steel was up 2.8% after the steelmaker agreed late on Thursday to sell its 26% stake in Australia's Riversdale to Rio Tinto for USD 1.1 billion.
Maruti Suzuki rose 2.6% after the largest car maker ended a 13-day strike by employees that had crippled production and led to more than USD 90 million in lost output.
At 9:16 a.m. (0346 GMT), the 30-share BSE index was up 0.35% at 18,048.52 points, with 23 components advancing.
The 50-share NSE index was up 0.4% at 5,416.60.
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