The BSE Sensex rose 1 percent early on Friday, tracking Asian peers, with investors awaiting domestic industrial output data for June due at 0530 GMT for cues on possible actions by the central bank.

At 9:18 a.m.(0348 GMT), the 30-share BSE index was up 0.44 percent at 17,13142.33 points, with 27 of its components advancing. It had risen as high as 17,246.88 earlier.

The 50-share NSE index was up 0.51 percent at 5164.95 points.

Major Asian indexes were up by as much as 1 percent while Japan's Nikkei was down about half a percent.