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Vibhav Kapoor of IL&FS said if the Nifty goes below 3, 850 and starts to stay below that for a day or two, then one could see much more downside. "The technical level on the Sensex would come to about 11, 400-11, 500." According to Kapoor, chances of a complete reversal or sharp bounceback of 3, 000-4, 000 points looks difficult because the fundamental situation -- boiling oil, high inflation, rising current account and budgetary deficit -- are not all that great. Investors should increase their...

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