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Rangebound Trade, Volatility Likely In Markets As Year Comes To A Close: Analysts

Analysts say some correction cannot be ruled out in the near term.
Analysts say some correction cannot be ruled out in the near term.
Domestic stock markets ended the holiday-truncated week nearly unchanged on Thursday, but the S&P BSE Sensex index registered a record closing high. The 30-scrip index ended 529.36 points, or 1.14 per cent, higher at a record 46,973.54 on Friday, whereas the broader NSE Nifty 50 benchmark climbed up 148.15 points, or 1.09 per cent, to settle at 13,749.25, 11.3 points shy of a record high of 13,760.55 last week. 
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