Published On: Friday, October 8, 2021 | By: Team KnowMyStock
“On technical front, 17,920 level is a good resistance at the moment but any move above 17,920 can push Nifty to the level of 18,100. On the downside, 17,620 is a strong support for Nifty today,” said Mohit Nigam, Head - PMS, Hem Securities.
In the 50-share pack Nifty, Tata Motors was the biggest gainer, up 3.81 per cent. Tata Steel, ONGC, Grasim Industries, Eicher Motors, L&T, Indian Oil and SBI Life Insurance were among other gainers.
Coal India was the top loser in the pack, down 1.63 per cent. HCL Tech, Asian Paints, HUL, HDFC and HDFC Bank were among those that traded in the red.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 per cent, after rallying 2.1 per cent the day before, its biggest daily gain since August. Japan's Nikkei index advanced 1.8 per cent.
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