US equity markets staged a sharp recovery on Thursday, driven by a broad-based rally in technology stocks following Microsoft's strong earnings report.
The positive sentiment from Wall Street rippled across global markets, with Asian indices including Japan's Nikkei 225 and South Korea's Kospi posting gains in early trading.
The rebound marks a shift in market momentum, as investors responded favorably to the corporate results.
Microsoft's performance acted as a catalyst for the wider technology sector, helping to lift major US benchmarks.
This strength in US tech giants provided a tailwind for global risk assets, easing some of the pressure that had weighed on equities in recent sessions.
Indian equity markets are expected to open higher on Friday, extending their recent recovery.