The index is trading in a strong uptrend with higher top and higher bottom formations intact on all the time frames, Shah said, adding that once the index surpasses the mentioned hurdle, it will see a strong move on the upside toward the 41,000-41,500 zone.
Market Wrap: Consumer stocks drag D-Street lower; Sensex sheds 312 pts, Nifty below 23,700
Indian benchmarks indices ended lower on Wednesday, as advances in heavyweight financials and oil and gas firms were offset by losses in consumer stocks. Investors