Shares of companies that have visited the White House since the inauguration have enjoyed a median increase of 3.7 per cent.
The sensex failed to maintain its 30K mark but ended higher by 553 points to 29,918.40 at the fag-end of the week while NSE 50-share Nifty ended above 9,300-mark.
Don't look for the outperformance of growth stocks to fade any time soon, as long as corporate earnings continue to improve and hopes remain for stronger economic growth.
The Dow Jones Industrial Average was down 33.35 points, or 0.16 percent, at 20,947.98.
Sensex hit a soft patch for the second day running as it retreated from record highs to close below the 30,000 mark after investors pocketed gains.
U.S. stock index futures were little changed as investors awaited the first-quarter report on gross domestic product, while assessing quarterly earnings.
Global investors raised equity holdings to a 15-month high in April but trimmed U.S. stocks on growing scepticism over what President Donald Trump can deliver.
Concern about global trade and Trump's "America First" policies kept appetite for risky assets in check, setting world stocks on the path to a sluggish end.
Britain's top share index dipped as disappointing results weighed on banking heavyweight Barclays (BARC.L), with UK blue chips on track for their biggest one-month loss.