Sensex, Nifty, Share Prices LIVE: The outlook is bearish for Mphasis. The stock has begun the week on a weak note. The 3 per cent fall on Monday marks the end of the consolidation that was in place since the beginning of this month. It also indicates the resumption of the overall downtrend. Resistances at ₹2,785 and ₹2,810 can cap the upside if there is a price bounce. Fresh sellers are likely to come into the market at higher levels. Mphasis share price can fall to ₹2,700-₹2,690 from here. Traders can go short now at ₹2,759.