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At 8:10 am, the SGX Nifty futures were around 100 points higher at 17,920.
That apart, the European Central Bank raised its key interest rates by 75 basis points and promised further hikes amid energy woes.
In Asia, China today released its CPI data for August, which fell to 2.5 per cent from 2.7 per cent in July. The figure also came below estimates of 2.8 per cent.
Back home, among stocks, NTPC will be in focus as it has entered into an agreement to supply renewable energy to the armed forces (Military Engineering Services).
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