Mumbai, July 25 - Indian equities markets seemed to have put negativity surrounding the budget behind them as a key index moved up 634 points this week from its last weekly closing figure.

The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) rose 634.04 points or 4.3 percent over previous Friday's close and ended trade at 15,378.96 points.

The broader S&P CNX Nifty of the National Stock Exchange (NSE) followed the Sensex, moving up 4.4 percent from its last weekly close to end at 4,568.55 points.

Lesser market capitalised scrips did a little better with the BSE's midcap index closing 5.41 percent higher than its previous weekly close, while the BSE smallcap index was up 6.5 percent.

Data with markets watchdog Securities and Exchange Board of India (SEBI) showed that foreign funds were net buyers during the week, having bought scrips worth $386.3 million.

Strong global cues and bullish sentiments over improved corporate earnings helped the Sensex gain 446 points Monday to close at 15,191.01 points.

Similarly, the Nifty closed 2.91 percent higher at 4,502.25 points.

Tuesday saw the Sensex reverse some of the previous day's gains with investors booking profits, which resulted in the benchmark index losing 128.52 points or 0.