Market Highlights: Nifty 50 Trades +0.59% Higher as IT Stocks Lead Mid-Session Gains | 02 Jul 2026, 02:01 PM IST
Key Highlights
Indian equities show broad gains in afternoon trade on Thursday, with the Nifty 50 trading at 24146.55, up +141 points. Technology stocks are driving the upward momentum mid-session.
Indian equities are showing broad gains in afternoon trade on Thursday, 2 July 2026, with the 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, (DIIs) were net buyers, injecting +3,159.24 crore into the market. Conversely, (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.