In the week to April 26, the BSE barometer advanced by another 644.78 points or 3.91 per cent to end the week at 17,125.98 from its last weekend's close of 16,481.20.

The broader 50-share S&P CNX Nifty of the National Stock Exchange also spurted by 153.30 points or 3.09 per cent to close the week at 5,111.70 from its last weekend's close.

Investors looked optimistic over the prospect of capital inflows into Indian equity markets after key corporates came out with encouraging fourth quarter financial results and global markets showed signs of recovery, providing bourses a major trigger.

The market wide rollover of nearly 82 per cent to May series is also seen as a bullish factor by marketmen.

Global stocks are expected to move upwards as world's largest economy showed signs of resilence after an ecnouraging US jobs and manufacturing data this week.

Analysts said the outlook for the market is good as some some frontline companies such as Reliance Communications, Hindustan Unilever, Reliance Energy and ICICI Bank will unveil financial results next week.