Why Did Nifty IT Rise 673 Points Today?

Why Did Nifty IT Rise Today?

The Nifty IT rose by 673 points (2.43%) today, 18 May 2026. The index opened at 27,689.6 and closed at 28,389.8, with an intraday high of 28,466.1 and low of 27,663.8.

Here are the key factors behind today's market rally:

• Google News: Why is stock market down today? Sensex, Nifty crash over 1%, Rs 7 lakh crore wiped out - top reasons for - The Times of India
• Google News: Sensex Today | Nifty 50 | Stock Market Highlights| Closing Bell: Sensex pares early losses, ends 77 pts h... - The Economic Times
• Google News: Stock Market Highlights, Sensex Today: Sensex, Nifty Settle Flat After Trump Warns Iran 'Clock Is Ticking' - NDTV
• Google News: Stock Market Highlights: BSE Sensex ends in green after 1,000 point intra-day crash; Nifty50 closes at 23,650 as IT stocks rally comes to rescue - The Times of India
• Google News: Sensex Today | Stock Market Highlights: Sensex, Nifty end flat after volatile session; IT stocks offset broader market weakness - Moneycontrol.com

The Nifty IT movement today reflects positive sentiment driven by buying interest across key sectors. Traders should watch for follow-through in the next session to confirm the trend direction.