The Sensex has fallen into the negative terrain nand is down 24 points at 19, 578. Nifty is at 5856, down 8 points from the previous close. But market breadth is still positive with advances at 760 and declines at 376 on the NSE. Some selling is creeping in the banking and IT sectors.

IFCI now has a target price of Rs 135, says Deven Shah, technical analyst, on NDTV Profit. It has support at Rs 102-105 now, he adds. The stock is currently trading at Rs 107.40, up 0.6% on the BSE.