See lower levels in IDFC: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "IDFC has broken down below Rs 100. It is making new lows and it was a favourite but favourite do not work that way. It is difficult to determine a target for downside, it is going lower."

At 11:31 hrs IDFC was quoting at Rs 84, down Rs 10.95, or 11.53 percent.It has touched a 52-week low of Rs 83.70. The share touched its 52-week high Rs 185.35 and 52-week low Rs 94.05 on 07 January, 2013 and 26 August, 2013, respectively. Currently, it is trading 54.68 percent below its 52-week high and 10.69 percent above its 52-week low. Market capitalisation stands at Rs 12,725.93 crore.