Market Highlights: Nifty 50 Trades +0.59% Higher as IT Stocks Lead Mid-Session Gains | 02 Jul 2026, 02:01 PM IST

Indian equities are showing broad gains in afternoon trade on Thursday, 2 July 2026, with the Nifty 50 trading at 24146.55, up +141 points. Technology stocks are driving the upward momentum mid-session.

Major Indices Update

As of the afternoon session, India’s key equity indices are trading in positive territory. The Nifty 50 is currently at 24146.55, reflecting a gain of +0.59%, or +141 points. The NIFTY Midcap 100 also shows strong performance, advancing by +0.46% and adding +285 points to reach 62293.95. The Nifty Bank index is hovering near 58073.40, with a modest increase of +0.07%, or +40 points.

Name	Current Price	Change (Points)	Change (%)
Nifty 50	24146.55	+141 pts	+0.59%
Nifty Bank	58073.40	+40 pts	+0.07%
NIFTY Midcap 100	62293.95	+285 pts	+0.46%

Sectoral Performance

Sectoral data indicates a strong positive trend in several segments. One sector is leading the gains significantly with an increase of +4.48%. Other notable positive movers include sectors up +1.08%, +0.96%, +0.58%, +0.55%, and +0.25%. Only one sector is currently showing a slight decline, down −0.05%.

Top Movers: Gainers and Losers

Among individual stocks, the technology sector is prominently featured among the top gainers. Infosys Ltd. (INFY) leads, trading at ₹1040.9, up +5.64% or +55.60 points. HCL Technologies Ltd. (HCLTECH) is performing strongly, gaining +4.36% to trade at ₹1079.3. Tech Mahindra Ltd. (TECHM) is up +4.20% at ₹1419.4, followed by Tata Consultancy Services Ltd. (TCS) at ₹2061, up +3.95%. Wipro Ltd. (WIPRO) rounds out the top five gainers, trading +2.16% higher at ₹173.8.

Company	Current Price	Change (Points)	Change (%)
Infosys Ltd. (INFY)	₹1040.9	+55.60 pts	+5.64%
HCL Technologies Ltd. (HCLTECH)	₹1079.3	+45.10 pts	+4.36%
Tech Mahindra Ltd. (TECHM)	₹1419.4	+57.20 pts	+4.20%
Tata Consultancy Services Ltd. (TCS)	₹2061	+78.40 pts	+3.95%
Wipro Ltd. (WIPRO)	₹173.8	+3.67 pts	+2.16%

Conversely, some stocks are experiencing declines. Larsen & Toubro Ltd. (LT) is the top loser, down −1.69% to ₹4023.5. SBI Life Insurance Company Ltd. (SBILIFE) is trading −0.68% lower at ₹1778.7. Max Healthcare Institute Ltd. (MAXHEALTH) is down −0.61% at ₹1133, while Bharat Electronics Ltd. (BEL) sees a −0.54% dip to ₹414. Axis Bank Ltd. (AXISBANK) is also among the decliners, down −0.50% at ₹1361.9.

Company	Current Price	Change (Points)	Change (%)
Larsen & Toubro Ltd. (LT)	₹4023.5	−69.10 pts	−1.69%
SBI Life Insurance Company Ltd. (SBILIFE)	₹1778.7	−12.20 pts	−0.68%
Max Healthcare Institute Ltd. (MAXHEALTH)	₹1133	−6.90 pts	−0.61%
Bharat Electronics Ltd. (BEL)	₹414	−2.25 pts	−0.54%
Axis Bank Ltd. (AXISBANK)	₹1361.9	−6.80 pts	−0.50%

Previous Day’s Institutional Flows

Looking at institutional activity from the previous trading day, 1 July 2026, Domestic Institutional Investors (DIIs) were net buyers, injecting +3,159.24 crore into the market. Conversely, Foreign Institutional Investors (FIIs) were net sellers, with outflows totaling −1,140.5 crore.

Overall, the Indian equity market is demonstrating positive momentum mid-session, largely driven by strong performance in key technology stocks and supported by domestic buying.