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Nifty may trade in range of 2,850-3,050 on Thursday

P.K. Agarwal, president– research, Bonanza Portfolio commenting on the daily market performance said, ``Indian markets ended the year on reasonably satisfactory note. Nifty touched a high of 3002. Some profit booking  was seen during the afternoon. Nifty went to low of 2,937 and it closed near it at 2,959.``

``Selling was seen in Banking, Oil and Gas sectors. Ambuja Cement, HDFC, Idea, ICICI Bank were among heavy weight losers. Buying was seen in Capital Goods, Healthca

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