The important support for Nifty is placed around 8,800 mark and a decisive move below this support level, could drag Nifty towards 8,550-8,500 in the short-term. On the upside, the zone of 9,050-9,120 is likely to act as a stiff resistance. Stocks in news: Finolex Industries, Mangalam Drugs and Organics, Tata Power, Spice Jet.