NSE index futures traded on the Singapore Exchange rise 0.5 percent, while the MSCI-Asia Pacific excluding Japan index gains 0.46 percent.
Asian shares drew a measure of comfort from dovish comments by the US Federal Reserve chief and signs of easing tensions in Ukraine after Russian President Vladimir Putin called on pro-Moscow separatists to postpone a succession vote.
US stocks mostly rose on Wednesday after comments from Federal Reserve Chair Janet Yellen signalled continued support for the economy, but the Nasdaq fell for a second session as momentum names sold off.
KEY EVENTS/FACTORS TO WATCH
Newly-appointed Reserve Bank of India Deputy Governor R Gandhi to speak at a banking seminar on risk management
Weekly cabinet press briefing
Ranbaxy Laboratories Jan-March earnings.
INDIAN STOCKS TO WATCH
India's Procter & Gamble Hygiene and Health Care March-quarter net profit up 55 pct
India aviation regulator grants permit to AirAsia India - govt official
Chairman of India's Financial Technologies arrested in fraud probe
Vodafone begins arbitration against India in tax dispute
Nissan likely to pick up 20-40 percent stake in Defiance Technologies
Discoms may be paid for costlier gas
Despite repeated rebuffs, Teva woos Cipla with $6 billion offer
Oil India buys 50 pct stake in Russian oil block for $85 million