Nifty Pharma, Healthcare Indices Top Sectoral Decline at Mid-Day June 2, 2026

Mumbai, June 2: Healthcare-related indices remained under pressure during the afternoon session on Monday, with Nifty Pharma and broader healthcare benchmarks emerging among the biggest sectoral laggards, according to exchange data.

Selling pressure was visible across healthcare stocks, dragging the Nifty Pharma index down 1.17% to 23,931.50. The weakness extended to the broader healthcare space, with Nifty MidSmall Healthcare declining 1.12%, Nifty 500 Healthcare falling 0.98%, and the Nifty Healthcare Index losing 0.89%.

Financial-services-linked indices also traded lower during the session. Nifty Financial Services Ex-Bank dropped 0.80%, while Nifty MidSmall Financial Services and Nifty Financial Services 25/50 slipped 0.38% and 0.28%, respectively.

Top Losing Sectoral Indices as of June 2, 2026, 13:30 IST

Index Performance Highlights

• Nifty Pharma was the worst-performing sectoral index, declining 1.17% during the session.
• Nifty Mid Small Healthcare fell 1.12%, reflecting broad-based weakness across healthcare counters.
• Nifty 500 Healthcare and Nifty Healthcare Index lost 0.98% and 0.89%, respectively.
• Nifty Financial Services Ex-Bank dropped 0.80%, extending pressure in financial-services stocks.
• Nifty Media, Oil & Gas and Cement indices also traded in negative territory, although losses remained relatively contained.

Key Takeaways

Healthcare stocks remained the biggest drag on sectoral performance, with multiple healthcare-linked indices featuring among the day’s weakest performers. The decline in Nifty Pharma, Nifty MidSmall Healthcare and Nifty 500 Healthcare suggests selling pressure was widespread across the sector rather than concentrated in a handful of stocks.

Financial-services indices also contributed to the negative sentiment, although losses were less severe compared with healthcare benchmarks. As of 13:30 IST on June 2, 2026, defensive healthcare and select financial-services segments continued to underperform the broader market, according to exchange data.

Source:

• https://www.nseindia.com/market-data/index-performances