With new budget to be presented on 5th July, Nifty may fall below 11000 but may rise up to 12000 on the budget day. But such rises are shortlived and may dip to even to 10500. This budget may provide huge sums for agriculture and infrastructure. Woth new government 's mantra being hard faced development, all sections of society may have to sacrifice. Mostly budget will be pro poor and lower of middle cl***. It is likely to soak rich and higher middle.