Stock Market LIVE: Sensex rebounds 500 pts from intraday low; Nifty steadies near 23,500 as IT stocks climb over 1%

Market Updates | Monday, May 18, 2026: Benchmark equity indices trimmed early losses during midday trade, aided by gains in information technology stocks. the Nifty50 was down 55 points, , at 23,589 while the Sensex declined 110 points, to 75120

, l, and were among the top drags on the Nifty50 index. Broader markets also remained under pressure, with the Nifty MidCap index falling 0.92% and the Nifty SmallCap index slipping 1.66%. Sector-wise, Nifty Consumer Durables, Realty, PSU Bank, and Media indices underperformed the market, whereas the Nifty IT index emerged as the key outperformer. Meanwhile, US President Donald Trump warned in a social media post that time was “running fast” for Iran, adding that delayed action from Tehran could lead to serious consequences. In commodities, Brent crude May futures advanced 1.51% to $110.91 per barrel on the Intercontinental Exchange. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.