All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
For the year as a whole the price is expected to average $1,270, which compares with the year-to-date average of $1,289.
Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.
TCS moved into new markets like France, Japan thanks to acquisitions.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
BHEL down around 2.4% and Bharti Airtel down around 1.6% were other major losers.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
'I am not optimistic about the global economy for the next couple of years.'
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
The total investor wealth, measured in terms of cumulative value of all listed stocks on BSE, slumped by over Rs 7 lakh crore during the torrid week.
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Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.
India has moved up 16 positions to rank 55th on a global index of the world's most competitive economies, where Switzerland remains on top.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
Sensex may remain under pressure this week due to weak global factors.
Emerging markets and Asia may be first in the firing line
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
Custodian banks are selling dollars for their foreign fund clients.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
It's easy to say investors should focus on fundamentals but this risk can have a significant and lasting impact
Markets ended at record closing highs for the second day in a row on institutional buying.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Summary of sports events and persons who made news on Thursday
During deleveraging the income falls more than reduction in debt due to the austerity measures.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
Formula One faces its biggest shake-up in decades with the announcement on Wednesday that US cable TV mogul John Malone's Liberty Media has agreed to take control of the cash-generating glamour sport.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
Inflation is down and there's every chance that crude prices will be subdued through the next year.
While information technology companies will benefit, firms with high foreign borrowings or heavy dependence on imports will be hurt.
'The government must keep bad news out of the newspapers. If you have news about a fight everyday, it is not a climate where investment takes place.'
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
Shankar Acharya gives ten predictions on key politico-economic developments in the world and ten for India.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
Analysts expect global markets to remain in consolidation mode with a negative bias over the next six months.
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