The MSCI-Asia Pacific index excluding Japan rose 0.26 percent.

Asian stocks and the euro steadied on Friday, but were on course for a losing week as worries about weak corporate earnings and slowing global economic growth limit the appeal of riskier assets.Foreign investors bought 10.43 billion rupees of stocks on Thursday, when the BSE index rose 0.93 percent, provisional exchange data showed.

Infosys, India’s no. 2 software services will report September quarter earnings. Infosys is expected to post a 24.9 percent rise in profit in the quarter ended Sept. 30 to 23.8 billion rupees ($453.59 million). HDFC Bank, India’s No. 3 lender, is expected to post a near 30 percent rise in net profit in the Sept quarter while asset quality is expected to be stable.

Commodities – with the exception of oil – were also mostly set to end the week in the red as investors fretted about the slowdown in key consumer China, which is due to release its latest trade data at the weekend. MSCI’s broadest index of Asia Pacific shares outside Japan rose 0.2 percent, while Japan’s Nikkei was flat after closing at its lowest in two months on Thursday.

Also on watch, India will unveil August factory data on Friday with a Reuters poll showing a modest 1.1 percent growth annually.MSCI’s broadest index of Asia Pacific shares outside Japan rose 0.2 percent, while Japan’s Nikkei was flat after closing at its lowest in two months on Thursday. The MSCI Asia ex-Japan and the Indian share markets index is down 1 percent on the week, while the Nikkei has shed around 3.5 percent.

HDFC Bank, India’s No. 3 lender, is expected to post a near 30 percent rise in net profit in the Sept quarter while asset quality is expected to be stable. Also on watch, India will unveil August factory data on Friday with a Reuters poll showing a modest 1.1 percent growth annually.

A rally that had pushed global equities up around 15 percent from the lows of early June stalled this week. Investors were treading carefully with the third quarter reporting season under way and eyes on how J.P. Morgan fares when it posts its results later on Friday in the United States.

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