NIFTY IT Extends Recovery After Multi-Year Lows

As on 19 May 2026, the NIFTY IT Index continued its upward momentum for the third consecutive session after hitting its multi-year low last week, reflecting renewed buying interest across major technology counters.

rallied up to 7.34% during intraday trade before settling with gains of over 4.7% on a daily basis. Meanwhile, Oracle Financial Services Software touched a fresh all-time high of 9,999 on NSE and surged 6.3% intraday. However, late-session profit booking erased a major portion of gains, and the stock closed 2.52% higher. Other IT majors including , , , and surged up to 4% during the trading session. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.