Nifty IT Logs A Big Green Candle As Tech Stocks Rally 3.5% In Style

Ashik Bothra May 19, 2026 330 Views

Sources: Live market data, intraday sectoral index moves, dealer commentary

India’s Nifty IT index jumped around 3.5%, sharply outperforming the broader market and signalling a strong risk-on shift towards technology stocks. The rally reflects renewed buying in large-cap IT names as investors bet on improving global demand, stable deal pipelines, and a softer macro headwind for the sector.