Nifty IT Prediction for Tomorrow 2 June 2026: IT Rally Continuation, Key Levels and Analyst View

The Nifty IT prediction for tomorrow 2 June 2026 is bullish. Nifty IT surged 2.66 per cent to 29,854.25 on 1 June 2026, led by Infosys (+3.58%), Tech Mahindra, and Wipro (+1.06%). The sector gained for its fourth consecutive outperforming session on agentic AI deal momentum and Wipro buyback structural support. Nasdaq at 26,972.62 (+0.21%) on 1 June 2026 extends the global tech tailwind for the Nifty IT prediction for tomorrow 2 June 2026.

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Nifty IT Recap 1 June 2026: What Drives the Nifty IT Prediction for Tomorrow

• Nifty IT Close: 29,854.25 (+2.66%) | Open 29,349.2 | High 30,238.15 | Low 29,341.6
• Top IT Performers (1 June): Infosys +3.58% | Wipro +1.06% | Sector: 4th consecutive outperforming session
• Wipro Buyback: Rs 15,000 crore at Rs 250/share | Record Date: 5 June 2026 | Premium: ~21% to 1 June 2026 price
• Nasdaq 1 June 2026: 26,972.62 (+0.21%) | GIFT Nifty 2 June 2026: 23,490.0 (+107.40 pts)

The Nifty IT prediction for tomorrow is built on two concurrent structural catalysts: the Wipro-ServiceNow agentic AI deal keeping enterprise AI deployment in focus, and Wipro’s June 5 buyback creating institutional buying demand at every dip. Infosys at Rs 1,202.50 and its session high of Rs 1,217 on 1 June 2026 signals institutional accumulation on Gen AI deal pipeline expectations. The Nifty IT prediction for tomorrow remains the clearest bullish sector call in the market.

Nifty IT Prediction for Tomorrow 2 June 2026

Trend: Bullish | Support 1: 29,341 | Support 2: 28,900

Resistance 1: 30,238 | Resistance 2: 30,800

Ankit Jaiswal, Senior Research Analyst at Univest, identifies the Nifty IT prediction for tomorrow as the primary outperformance opportunity. With Wipro’s buyback record date on June 5, institutional buying in Wipro continues through 2 June 2026. Jaiswal flags 29,341 as the Nifty IT prediction for tomorrow support floor. A hold above 29,341 targets 30,238 (1 June 2026 high) and then 30,800 in the near term.

Key Triggers for Nifty IT Prediction for Tomorrow 2 June 2026

• Wipro Buyback (Rs 250, June 5 Record Date): Rs 200 is the institutional floor. 21% premium creates strong asymmetric risk-reward.
• Infosys Gen AI Pipeline: Infosys at Rs 1,202 is positioned for deal announcements. Watch for large deal TCV updates in the Nifty IT prediction for tomorrow.
• Nasdaq ++0.21%: Global tech strength directly correlates with Nifty IT. Continuation of Nasdaq above 26,900 supports the Nifty IT prediction for tomorrow.
• IT Sector vs Broader Market Divergence: With Nifty 50 at -0.70% and Nifty IT at +2.66%, the sector divergence is 3.4 percentage points — one of 2026’s sharpest.

Nifty IT Strategy for 2 June 2026

Wipro at Rs 200-205: Buyback floor makes this the highest conviction dip-buy in the Nifty IT prediction for tomorrow.

Infosys above Rs 1,175: Hold above this support confirms the Nifty IT prediction for tomorrow bullish structure toward Rs 1,217 and 1,240.

Do Not Fade IT: Four consecutive sessions of IT outperformance signals institutional trend. Shorting the Nifty IT prediction for tomorrow against this trend is high risk.

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Conclusion

The Nifty IT prediction for tomorrow 2 June 2026 is bullish. Nifty IT closed 29,854.25 (+2.66%) on 1 June 2026. Support 29,341, resistance 30,238. Wipro buyback June 5 and Infosys Gen AI momentum are the structural positives. Nasdaq +0.21% extends the global tailwind. These this prediction levels are educational only.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Reg: INH000012449.

Frequently Asked Questions

What is the this prediction 2 June 2026?

Ans. Bullish. Nifty IT closed 29,854.25 (+2.66%) on 1 June 2026, fourth consecutive outperforming session. Wipro buyback June 5, Infosys AI momentum, Nasdaq ++0.21% support the this prediction. Support 29,341, resistance 30,238.

Why is Nifty IT bullish for the prediction for tomorrow 2 June 2026?

Ans. Three catalysts: Wipro-ServiceNow agentic AI deal, Wipro Rs 15,000 crore buyback at Rs 250 with June 5 record date (21% premium), and Nasdaq ++0.21% on 1 June 2026. These structural positives keep the this prediction bullish.

What is the support for Nifty IT on 2 June 2026?

Ans. Nifty IT support for 2 June 2026 is 29,341 (immediate, 1 June intraday low) and 28,900 (secondary). Ankit Jaiswal of Univest flags 29,341 as the this prediction floor.

Which IT stocks to watch for 2 June 2026?

Ans. Wipro (support Rs 200, buyback June 5), Infosys (support Rs 1,175, AI momentum), TCS (support Rs 3,750), HCL Tech (support Rs 1,720). These are the primary names in the this prediction.

How does Wipro buyback affect this prediction?

Ans. Wipro’s Rs 15,000 crore buyback at Rs 250 per share with June 5 record date creates institutional demand at Rs 200-205. Every dip to this zone is a structural buy, making Wipro the highest conviction long in the this prediction.