Why Did Nifty IT Rise 918 Points Today?

Why Did Nifty IT Rise Today?

The Nifty IT rose by 918 points (3.23%) today, 19 May 2026. The index opened at 28,679.85 and closed at 29,308, with an intraday high of 29,609.6 and low of 28,677.8.

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

• Google News: Sensex Today | Nifty 50 | Stock Market Highlights| Closing Bell: Sensex settles 114 pts lower, Nifty belo... - The Economic Times
• 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 down 400 points: Why is the stock market falling today? - India Today
• Google News: Stock Market Highlights: Nifty, Sensex End Little Changed After Volatile Session; Rupee Ends At Record Low - NDTV Profit
• Google News: Stock Market Live Updates: BSE Sensex ends in red, stays above 75,200; Nifty 50 closes below 23,650 - The Times of India

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.