Nifty breakdown below 11480-11500 levels would extend downside momentum
Nifty failed to cross the previous week high and witnessed sharp profit booking across sectors in the second half to close near the day's low. A breakdown below 11480-11500 levels would extend the momentum on the downside.
IT and Pharma stocks could be in focus as the rupee has weakened to the dollar beyond Rs 71 levels. Image source: Pixabay