Sensex closed the week at 46,960.69, up 70 points, while Nifty 13,760.55, up 20 points.The Nifty-50 Index has gained 1.8% this week while the Nifty-Mid Cap 100 Index and BSE Small Cap Index have gained 1.9% and 1.4%, respectively.Analysts expect stock markets to turn volatile next week and consolidate.
They caution traders of limited gains from hereon."The market remained buoyant on earlier-than-expected deployment of Covid-19 vaccines, impending US fiscal stimulus and decreasing domestic Covid-19 cases.
FIIs flows though strong have moderated some bit from the previous week. The average daily FII flows in the first four days of the week was ~ ₹3,200 crore.