Top 10 Stocks to Buy Today 2 June 2026: Ankit Jaiswal of Univest Shares His Picks Based on June 1, 2026 Closing Data
- June 2, 2026
- Posted by: Ankit Jaiswal
- Category: Market
The top stocks to buy today on 2 June 2026 have been identified by Ankit Jaiswal, Senior Research Analyst at Univest, based on verified closing prices from June 1, 2026, the most recent trading session. June 1 delivered a strongly bifurcated close: the Nifty IT index surged 3.03% to 29,960.05 driven by US software earnings beats from Salesforce, Snowflake, and Workday, while the Sensex closed marginally higher at 75,315.04 (+0.10%) and Nifty held at 23,557.05 (+0.04%). Ankit Jaiswal notes that these stocks to buy today reflect a selective strategy: own quality businesses with strong earnings catalysts at valuations that have been compressed by macro headwinds, not by fundamental deterioration.
Ankit Jaiswal observes that the June 1 market session confirmed the IT sector’s structural outperformance case: all 10 Nifty IT constituents rose, TechM (+4.39%) and Infosys (+2.15%) led Sensex gains, and the Nifty IT index is now up 3% from its May low. The stocks to buy today include 5 IT names, 2 private banks at significant discounts to 52-week highs, a telecom compounder, a pharma defensive, and a high-growth NBFC. All June 1 closing prices used in this article are sourced from NSE data confirmed via Zerodha Kite.
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Top 10 Stocks to Buy Today 2 June 2026: Summary Table
| # | Stock | NSE Symbol | Sector | June 1 Close (Rs) | June 1 Change | 52W High | 52W Low | Analyst Target | Upside |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Tech Mahindra | TECHM | IT Services | 1,478.00 | +4.39% | 1,750 | 1,150 | Rs 1,750 (Nuvama) | 18% |
| 2 | Infosys | INFY | IT Services | 1,160.90 | +2.15% | 1,610 | 1,085 | Rs 1,650 (Nuvama) | 42% |
| 3 | Bharti Airtel | BHARTIARTL | Telecom | 1,829.00 | +1.76% | 2,095 | 1,505 | Rs 2,450 (ICICI Direct) | 34% |
| 4 | Persistent Systems | PERSISTENT | IT Services | 5,194.30 | +3.00% | 6,789 | 3,500 | Rs 6,100 (Nuvama) | 17% |
| 5 | HCL Technologies | HCLTECH | IT Services | 1,187.50 | +1.24% | 1,560 | 1,000 | Rs 1,500 (Nuvama) | 26% |
| 6 | ICICI Bank | ICICIBANK | Private Banking | 1,256.40 | -0.31% | 1,380 | 1,053 | Rs 1,550 (Choice Broking) | 23% |
| 7 | HDFC Bank | HDFCBANK | Private Banking | 744.55 | +0.03% | 1,020 | 726 | Rs 1,075 (Choice Broking) | 44% |
| 8 | Sun Pharma | SUNPHARMA | Pharmaceuticals | 1,799.20 | +1.34% | 1,960 | 1,480 | Rs 2,150 (Brokerages) | 20% |
| 9 | Bajaj Finance | BAJFINANCE | NBFC | 908.25 | -0.90% | 1,085 | 745 | Rs 1,180 (ICICI Direct) | 30% |
| 10 | Coforge | COFORGE | IT Services | 1,443.00 | +4.00% | 1,640 | 940 | Rs 2,200 (Nuvama) | 53% |
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1. Tech Mahindra (TECHM) at Rs 1,478: Top Sensex Gainer on June 1
Tech Mahindra is the first of the stocks to buy today after closing at Rs 1,478 on June 1, 2026 as the biggest Sensex gainer with a 4.39% rally. Ankit Jaiswal highlights that Tech Mahindra’s Mistral AI partnership, ServiceNow enterprise expansion, and improving margin trajectory under its revamped management team make it one of the highest-conviction IT stocks to buy today. Nuvama’s target of Rs 1,750 implies 18% upside. The stock has reclaimed its 50-day moving average and is building bullish momentum heading into today’s June 2 session.
2. Infosys (INFY) at Rs 1,160.90: IT Large Cap at 28% Discount to 52W High
Infosys is among the top stocks to buy today at Rs 1,160.90, a 28% discount to its 52-week high of Rs 1,610. Ankit Jaiswal notes that Infosys closed up 2.15% on June 1, the second-biggest Sensex gainer, reflecting its direct exposure to the Salesforce and enterprise AI spending tailwind. Nuvama’s Buy target of Rs 1,650 implies approximately 42% upside from the June 1 close. The rupee depreciation tailwind, improving US enterprise deal pipeline, and India’s fourth-place global AI ranking support the re-rating case for Infosys as one of the best stocks to buy today.
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3. Bharti Airtel (BHARTIARTL) at Rs 1,829: 34% Upside Telecom Compounder
Bharti Airtel closed at Rs 1,829 on June 1, gaining 1.76% in the session as the third-biggest Sensex gainer. Ankit Jaiswal flags the upcoming RBI policy decision as a direct catalyst: a rate cut reduces financing costs for Airtel’s 5G network investment, improving free cash flow. ICICI Direct’s target of Rs 2,450 implies 34% upside. Premium ARPU growth to approximately Rs 245 per user, the Airtel Business enterprise segment adding high-margin connectivity revenue, and Africa mobile expansion make Bharti Airtel one of the most compelling non-IT stocks to buy today.
4. Persistent Systems (PERSISTENT) at Rs 5,194: AI Services Pure Play
Persistent Systems closed at Rs 5,194.30 on June 1 with a 3% gain and is among the most quality-driven stocks to buy today. Ankit Jaiswal highlights zero debt, strong AI services revenue growth, and direct exposure to Snowflake (NRR 126%, product revenue +34%) and Salesforce (Agentforce at 23,000+ customers) platform demand. Nuvama’s target of Rs 6,100 implies 17% near-term upside with longer-term fundamental re-rating potential considerably higher as AI services become a dominant IT spending category.
5. HCL Technologies (HCLTECH) at Rs 1,187.50: Large Cap IT at Value
HCL Technologies is among the stocks to buy today at Rs 1,187.50 (June 1 close, +1.24%), trading at a 24% discount to its 52-week high of Rs 1,560. Ankit Jaiswal notes that HCL Tech’s diversified IT services portfolio spanning software products (HCL Software), engineering services, and IT infrastructure, combined with its strong European client base, gives it differentiated exposure relative to peers. Nuvama’s target of Rs 1,500 implies 26% upside. Strong Workday Q1 FY27 results (revenue +13.5%) signal recovery in the enterprise software services segment where HCL Tech has significant delivery presence.
6. ICICI Bank (ICICIBANK) at Rs 1,256.40: Quality Banking at Reasonable Valuation
ICICI Bank is among the stocks to buy today at Rs 1,256.40, a 9% discount to its 52-week high of Rs 1,380. Ankit Jaiswal observes that ICICI Bank’s best-in-class Return on Assets, industry-leading credit quality, digital banking scale, and stable credit cost trajectory make it the highest-quality private sector bank in India. Choice Broking’s target of Rs 1,500-1,550 implies 20-23% upside. Improving MSME and retail loan growth, combined with a potential RBI rate cut boosting loan demand, make ICICI Bank one of the most fundamental-quality stocks to buy today.
7. HDFC Bank (HDFCBANK) at Rs 744.55: Maximum Value Opportunity in Large Cap Banking
HDFC Bank is the highest-upside-potential stock among banking stocks to buy today at Rs 744.55, approximately 27% below its 52-week high of Rs 1,020.35. Ankit Jaiswal notes that HDFC Bank’s post-merger integration with HDFC Ltd is progressing and FY27 is expected to see a meaningful NIM recovery as the elevated loan-to-deposit ratio normalises. Choice Broking’s target of Rs 1,050-1,075 implies approximately 44% upside. The bank’s Q4 FY26 PAT grew 9.11% YoY to Rs 19,221 crore, deposits grew 14.4%, and the Rs 13 per share FY26 dividend confirms earnings strength at current valuations.
8. Sun Pharma (SUNPHARMA) at Rs 1,799.20: Defensive Pharma Quality
Sun Pharma provides defensive quality among stocks to buy today, closing at Rs 1,799.20 on June 1 with a 1.34% gain. Ankit Jaiswal highlights Sun Pharma’s diversified revenue base spanning US specialty pharmaceuticals, India branded generics, and emerging market exports as protection against macro volatility. The pharma sector’s insulation from crude oil and FII selling headwinds makes Sun Pharma particularly valuable in the current bifurcated market. Multiple brokerages have targets in the Rs 2,000-2,150 range, implying 11-20% upside from the June 1 close.
9. Bajaj Finance (BAJFINANCE) at Rs 908.25: Rate Cut Beneficiary
Bajaj Finance is among the stocks to buy today at Rs 908.25, a 16% discount to its 52-week high of Rs 1,085. Ankit Jaiswal flags the upcoming RBI policy decision as a specific near-term catalyst: a 25-50 basis point rate cut would reduce Bajaj Finance’s funding costs, directly boosting net interest margins and PAT growth for India’s largest retail NBFC. ICICI Direct’s target of Rs 1,180 implies 30% upside. Management’s guidance for 22% profit CAGR and doubling customer base within 5 years, backed by AUM growth above 25% YoY, confirms the fundamental case for this stock to buy today.
10. Coforge (COFORGE) at Rs 1,443: Highest Upside IT Mid-Cap
Coforge is the highest-upside stock among the stocks to buy today at Rs 1,443 (June 1 close, +4%), with Nuvama’s target of Rs 2,200 implying approximately 53% upside. Ankit Jaiswal notes that Coforge’s focused expertise in banking, financial services, insurance, and travel verticals positions it directly in the recovery path of enterprise technology spending. The company’s deal win trajectory, improving EBITDA margins, and the Salesforce-Snowflake earnings beats confirming US enterprise demand give Coforge one of the most compelling combinations of growth and value among IT stocks to buy today.
Conclusion
The top 10 stocks to buy today on 2 June 2026 identified by Ankit Jaiswal of Univest span IT (TechM, Infosys, Persistent, HCL Tech, Coforge), telecom (Bharti Airtel), private banking (ICICI Bank, HDFC Bank), pharma (Sun Pharma), and NBFC (Bajaj Finance), all based on verified June 1, 2026 NSE closing prices. Ankit Jaiswal observes that these stocks to buy today represent quality businesses at valuations compressed by macro headwinds rather than fundamental weakness, offering meaningful upside potential as the US-Iran situation resolves, crude oil eases, and the RBI delivers rate cuts. Investors should size positions carefully, monitor the macro triggers identified, and always consult a SEBI-registered financial advisor. This does not constitute investment advice.
Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.
Frequently Asked Questions on Stocks to Buy Today 2 June 2026
What are the top stocks to buy today on 2 June 2026?
Ans. The top stocks to buy today on 2 June 2026 as identified by Ankit Jaiswal, Senior Research Analyst at Univest, are Tech Mahindra, Infosys, Bharti Airtel, Persistent Systems, HCL Technologies, ICICI Bank, HDFC Bank, Sun Pharma, Bajaj Finance, and Coforge. All prices are based on verified June 1, 2026 NSE closing data from Zerodha Kite. Ankit Jaiswal notes these stocks represent a balanced mix of IT sector momentum, telecom structural upside, quality private banking at valuations below 52-week highs, and defensive pharma. This does not constitute investment advice.
Why are IT stocks the dominant theme among stocks to buy today?
Ans. IT stocks dominate the stocks to buy today list because the Nifty IT index surged 3.03% on June 1, 2026, driven by Salesforce Q1 FY27 results showing 13% revenue growth and 50% EPS beat, Snowflake’s product revenue growing 34% with the stock up 37% after hours, and Workday’s 13.5% revenue growth. These US software earnings signal that enterprise AI and cloud spending is accelerating, which directly benefits Indian IT companies through implementation, managed services, and AI platform integration revenue. TCS also announced a Mistral AI partnership and Wipro expanded its ServiceNow deal, adding company-specific catalysts on top of the sector tailwind.
Why is HDFC Bank one of the stocks to buy today despite its share price weakness?
Ans. HDFC Bank is among the stocks to buy today at Rs 744.55 (June 1 close) because it is approximately 27% below its 52-week high of Rs 1,020.35, offering a compelling value entry for long-term investors. Choice Broking has set a target of Rs 1,050-1,075, implying approximately 44% upside. The bank’s Q4 FY26 standalone net profit grew 9.11% year-on-year to Rs 19,221 crore, FY26 deposit growth was 14.4%, and the Rs 13 per share FY26 dividend confirms earnings quality. Post-merger integration headwinds with HDFC Ltd are expected to ease in FY27, with NIM recovery expected to drive a meaningful re-rating. These are analyst estimates and not guaranteed returns.
What is the case for Coforge as a stock to buy today?
Ans. Coforge is one of the most attractively valued IT stocks to buy today at Rs 1,443 (June 1 close), with Nuvama’s target of Rs 2,200 implying approximately 53% upside, the highest percentage upside among the 10 stocks to buy today. Coforge gained 4% on June 1 as all Nifty IT constituents rallied. The company’s focused vertical expertise in banking, financial services, insurance, and travel, combined with consistent deal wins and improving margins, makes it a high-conviction mid-tier IT name. The enterprise technology spending recovery confirmed by US software earnings directly benefits Coforge’s deal pipeline.
What RBI-related catalyst should investors watch for these stocks to buy today?
Ans. The RBI monetary policy committee is scheduled to announce its rate decision this week. A 25-50 basis point rate cut would be a positive catalyst for multiple stocks to buy today. Bajaj Finance would benefit through lower funding costs improving net interest margins and PAT growth. HDFC Bank’s NIM trajectory would improve as interest rates fall and mortgage refinancing demand increases. Bharti Airtel’s borrowing costs on 5G network financing would reduce. ICICI Bank’s retail loan portfolio would see improved demand. Rate-sensitive stocks typically rally in the sessions leading up to and following a dovish RBI decision.
What are the key risks to these stocks to buy today?
Ans. Key risks to the stocks to buy today include: Brent crude oil remaining above $90 per barrel if US-Iran ceasefire negotiations fail, which would maintain FII selling pressure and rupee weakness; a hawkish RBI surprise that delays rate cuts and pressures rate-sensitive stocks; below-normal monsoon materialising as forecast by IMD, impacting rural consumption and food inflation; and any slowdown in US enterprise technology spending in Q2 FY27 that disappoints after the strong Q1 FY27 US software earnings. Always consult a SEBI-registered financial advisor before acting on any of the stocks to buy today.
What is Ankit Jaiswal’s overall view on the market for today, June 2, 2026?
Ans. Ankit Jaiswal observes that the Indian market on June 2, 2026 enters the session in a bifurcated state: IT stocks with strong US earnings momentum offer selective upside, while the broader Nifty 50 faces macro headwinds from crude oil, FII selling, and below-normal monsoon expectations. Ankit Jaiswal notes that quality stocks with specific fundamental catalysts, like the stocks to buy today in this list, tend to outperform in such environments, where broad market momentum is absent but sector-specific and stock-specific drivers remain intact. A selective, fundamentals-driven approach is preferred over broad market exposure in the current environment.
How should I use this stocks to buy today list?
Ans. This stocks to buy today list should be used as a starting point for your own research, not as a direct buy signal. Verify the June 1 closing prices and current prices on the Univest Screener before acting. Assess each stock’s recent quarterly results, debt levels, promoter holding, and valuation relative to sector peers. Consider your own investment horizon and risk appetite. Ankit Jaiswal’s views are for research reference only. Always consult a SEBI-registered financial advisor before making investment decisions. This article does not constitute investment advice.
