Top Gainers & Losers: Nifty Edges Up as IT Majors Drive Gains; Financials See Minor Pullback | 02 Jul 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 closed marginally higher on Thursday, buoyed by strong performances from IT majors. Financials and select auto stocks experienced minor declines, reflecting mixed market sentiment across sectors.
The Nifty 50 advanced by +0.28%, adding +68 points to settle at 24074.20 on Thursday. Meanwhile, the Nifty Bank index saw a slight dip of −0.12%, closing at 57961.90, indicating a mixed day for the broader market with IT leading the charge.
Top Gainers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Infosys Ltd. (INFY) | 1038.8 | +5.43% |
| HCL Technologies Ltd. (HCLTECH) | 1079 | +4.33% |
| Tata Consultancy Services Ltd. (TCS) | 2051.1 | +3.46% |
| Tech Mahindra Ltd. (TECHM) | 1401.6 | +2.89% |
| Wipro Ltd. (WIPRO) | 174.17 | +2.37% |
| Shriram Finance Ltd. (SHRIRAMFIN) | 1068.2 | +1.92% |
| Bajaj Finserv Ltd. (BAJAJFINSV) | 1830.4 | +1.82% |
| Tata Consumer Products Ltd. (TATACONSUM) | 1105.6 | +1.35% |
| Adani Ports and Special Economic Zone Ltd. (ADANIPORTS) | 1867.3 | +1.03% |
| Hindalco Industries Ltd. (HINDALCO) | 949.4 | +1.03% |
The IT sector dominated the top gainers’ list, with all five major IT services companies — Infosys, HCL Technologies, Tata Consultancy Services, Tech Mahindra, and Wipro — securing spots. Infosys led the pack, rising +5.43%, following its strategic collaboration with Sentara focused on AI and an expanded partnership with GlobalFoundries for managing application and infrastructure operations. HCL Technologies gained +4.33%, buoyed by its expanded collaboration with Google Cloud and ServiceNow, leveraging AI Control Tower for enhanced visibility. Tata Consultancy Services also saw a +3.46% increase after partnering with Elopak ASA as its strategic IT partner. Beyond IT, Shriram Finance and Bajaj Finserv also posted healthy gains.
Top Losers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Larsen & Toubro Ltd. (LT) | 4012.1 | −1.97% |
| SBI Life Insurance Company Ltd. (SBILIFE) | 1772.7 | −1.02% |
| Maruti Suzuki India Ltd. (MARUTI) | 14284 | −0.77% |
| Kotak Mahindra Bank Ltd. (KOTAKBANK) | 397.4 | −0.76% |
| Axis Bank Ltd. (AXISBANK) | 1358.5 | −0.75% |
| Bajaj Auto Ltd. (BAJAJ-AUTO) | 9770 | −0.73% |
| Bharti Airtel Ltd. (BHARTIARTL) | 1857.8 | −0.71% |
| Tata Motors Passenger Vehicles Ltd. (TMPV) | 345.95 | −0.53% |
| Max Healthcare Institute Ltd. (MAXHEALTH) | 1134 | −0.52% |
| Bharat Electronics Ltd. (BEL) | 414.1 | −0.52% |
On the losing side, Larsen & Toubro led the declines, falling −1.97%. The financial sector saw some pressure, with SBI Life Insurance, Kotak Mahindra Bank, and Axis Bank all featuring among the top losers. Auto stocks like Maruti Suzuki India, Bajaj Auto, and Tata Motors Passenger Vehicles also experienced minor pullbacks. The declines in these heavyweights suggest profit-booking or a rotation out of these sectors, despite the broader market’s positive close.
The day’s trading activity, characterized by strong IT sector gains offsetting minor dips in financials and autos, indicates a selective bullish sentiment prevailing in the market.