Nifty IT Leads Gains at Mid-Day on June 2, 2026; Healthcare and Financial Services Indices Lag
By HDFC SKY | Last Modified: Jun 2, 2026 01:53 PM IST
Nifty IT and Nifty MidSmall IT & Telecom led sectoral gains, while healthcare and financial-services-linked indices remained among the weakest performers as of 12:54 IST on June 2, 2026.
Mumbai, June 2: Indian equity indices traded on a mixed note on Tuesday, with information technology-focused benchmarks outperforming while healthcare and financial-services-linked indices remained under pressure.
Among derivative-eligible indices, Nifty 50 gained 43.45 points, or 0.19%, to 23,426.05, while Nifty Bank advanced 72.65 points, or 0.14%, to 53,715.75. In contrast, Nifty Next 50 fell 0.26%, Nifty Financial Services declined 0.45%, and Nifty Midcap Select dropped 0.70%.
Sectoral performance showed a clear divergence. Nifty IT emerged as the strongest-performing sector, while several healthcare and financial-services indices registered declines during the session.
Indices Eligible in Derivatives asof June 2, 2026, 12:54 IST
| Index Name | Last | Change | % Change |
| Nifty 50 | 23,426.05 | 43.45 | 0.19 |
| Nifty Next 50 | 69,742.70 | -179.15 | -0.26 |
| Nifty Bank | 53,715.75 | 72.65 | 0.14 |
| Nifty Financial Services | 24,895.65 | -112.80 | -0.45 |
| Nifty Midcap Select | 14,164.40 | -100.45 | -0.70 |
Broad Market Indices asof June 2, 2026, 12:54 IST
| Index Name | Last | Change | % Change |
| Nifty 100 | 24,419.70 | 26.65 | 0.11 |
| Nifty 200 | 13,530.05 | 1.70 | 0.01 |
| Nifty 500 | 22,432.15 | -5.80 | -0.03 |
| Nifty Midcap 50 | 17,208.25 | -70.95 | -0.41 |
| Nifty Midcap 100 | 60,599.60 | -228.35 | -0.38 |
| Nifty Smallcap 100 | 17,923.70 | -56.10 | -0.31 |
| India VIX | 15.78 | -0.76 | -4.59 |
Sectoral Indices asof June 2, 2026, 12:54 IST
| Index Name | Last | Change | % Change |
| Nifty IT | 31,057.25 | 1,203.00 | 4.03 |
| Nifty MidSmall IT & Telecom | 9,745.50 | 150.15 | 1.56 |
| Nifty Consumer Durables | 34,658.55 | 158.35 | 0.46 |
| Nifty Auto | 25,975.65 | 83.75 | 0.32 |
| Nifty Metal | 13,547.85 | 41.30 | 0.31 |
| Nifty Pharma | 23,936.15 | -278.10 | -1.15 |
| Nifty Financial Services Ex-Bank | 30,141.90 | -373.75 | -1.22 |
| Nifty MidSmall Healthcare | 46,935.40 | -622.50 | -1.31 |
| Nifty Healthcare Index | 15,110.35 | -156.85 | -1.03 |
| Nifty Oil & Gas | 11,088.80 | -70.30 | -0.63 |
Index Performance Highlights
- Nifty IT was the top-performing sectoral index, rising 4.03% and adding 1,203 points.
- Nifty MidSmall IT & Telecom gained 1.56%, reflecting strength in technology-related counters.
- Nifty Consumer Durables, Auto and Metal indices also traded in positive territory.
- Nifty MidSmall Healthcare declined 1.31%, making it the weakest-performing sectoral index.
- Nifty Financial Services Ex-Bank fell 1.22%, while Nifty Pharma lost 1.15%.
- India VIX dropped 4.59%, indicating lower market volatility during the session.
Key Takeaways
Technology stocks remained the primary drivers of market gains, with Nifty IT significantly outperforming other sectoral benchmarks. Strength in IT shares also helped support broader market sentiment despite weakness in several non-technology sectors.
Healthcare and financial-services-linked indices faced selling pressure, with Nifty MidSmall Healthcare, Nifty Financial Services Ex-Bank and Nifty Pharma emerging among the biggest decliners. While benchmark indices such as Nifty 50 and Nifty Bank traded modestly higher, broader market indices showed mixed performance as of 12:54 IST on June 2, 2026.
Source:
- https://www.nseindia.com/market-data/index-performances
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