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The BSE Sensex jumped 238.69 points or 0.62 percent to close at 38,939.22 while the NSE Nifty edged higher by 67.45 points or 0.58 percent to 11,671.95.
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The rupee Thursday appreciated 14 paise to 70.32 against the US dollar in early trade.
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The BSE Sensex ended 231.98 points higher at 36,212.91 while the Nifty edged up 53 points to 10,855.15.
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Japan`s Nikkei rose 0.9 percent while MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent.
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Caution ahead of the Q3 corporate earning session starting this week and outcome of the ongoing US-China trade talks kept the indices in a short range.
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Japan`s Nikkei rose 1.0 percent while MSCI`s broadest index of Asia-Pacific shares outside Japan ticked up 0.1 percent.
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The BSE Sensex fell 377.81 points to end at 35,513.71 while the NSE Nifty tumbled 120.25 points to 10,672.25.
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Asian shares fell on Thursday and US stock futures dropped sharply after Apple Inc cut its revenue forecast.
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Both Sensex and Nifty fell one percent each on Wednesday.
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The Nifty50 on the National Stock Exchange also declined over 100 points to trade around 10,800 points.
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The market languished under selling pressure entrapped by political uncertainty of Karnataka Assembly election result during the week trade.
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Both the indices registered their second straight weekly fall by losing 205.66 points, or 0.65 percent, and 80.20 points, or 0.82 percent, respectively.
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After a negative start, the Indian equity markets on Wednesday traded at new highs during the mid-afternoon session with healthy buying in automobile, consumer durables and capital goods stocks.
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Snapping its record-setting spree, the benchmark BSE Sensex fell over 41 points in early trade on Tuesday as participants locked-in gains at current levels amid disappointing quarterly earnings.
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The gauge galloped by 448.39 points, or 1.48 percent, to close at new peak of 30,750.03, surpassing its previous record closing of 30,658.77, reached on May 17.
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Sentiment was also bolstered by the progress on the GST front, with the GST Council finalising rates for most goods.
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All sectoral indices flashed red, down by up to 1.19 percent, with realty, consumer durables, bank and auto registering much losses.
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The industrial production data (IIP) for March and April inflation data based on consumer price index (CPI) will be announced after market hours today.
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Markets kicked off new F&O series on a sour note on Friday, with the BSE Sensex falling 157 points to 28,051.86 hit by profit-booking in banking stocks while global cues remained muted on Bank of Japan's smaller-than-expected stimulus plan.






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