The Nifty 50 rose 1% on October 6, recovering for a second straight session ahead of the RBI monetary policy outcome due October 7, where a 25-basis-point repo rate hike is possible. Experts say reclaiming and sustaining above 22,800 is crucial for a move toward 23,000, with support at 22,600 and 22,400.
Nifty eyes 22,800 as RBI policy decision looms
Source: Moneycontrol