As long as the 20-EMA (10,987) is not breached, better maintain a bearish bias. Any close below the Wednesday’s session low (10,746) will lead to a sharp downside. Above 10,987, the target is intact at 11,150-11,200 levels. Stocks in news: Tech Mahindra, TCS, Reliance Industries, Indiabulls Housing Finance, Havells, Prabhat Dairy, Datamatics Global Services, Bajaj Finance.