Hi @RamK ,
I'm afraid it's not supported to change fieldname dynamicly.
For now, you need to clearly state which field that you want to display.
I suggest you express your views on PowerApps Ideas Forum. Your precious advice will be very helpful for our work.
https://powerusers.microsoft.com/t5/PowerApps-Ideas/idb-p/PowerAppsIdeas
As an alternative way, you could try If statement to change displaying fieldname.
For example, set the drop down2's Items:
If(dropdown1.Selected.Value="fieldname1",listname.fieldname1,
dropdown1.Selected.Value="fieldname2",listname.fieldname2,
dropdown1.Selected.Value="fieldname3",listname.fieldname3,.......)
Please replace fieldnames with the names that you use.