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HCLTech to lead $300 million funding for Sarvam AI

pre-market1 source ↓written by the desknot a recommendation

funding round
$300 million
$150 million
Sarvam AI
$1.5 billion

HCLTech is set to lead a $300 million funding round for Bengaluru-based Sarvam AI, with its investment expected to be around $150 million. This funding would value Sarvam AI at $1.5 billion, marking a significant increase from its previous valuation. This move highlights HCLTech's strategy to adapt to the evolving AI landscape.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 8 Jul 2026, 07:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

HCLTECH closed −1.9% on the day of the news, from ₹1,168.20 to ₹1,145.60; Nifty −2.1% over the same session; futures OI −2.4%.

Bulletin at 07:10 IST on 8 Jul 2026. Every change is measured from ₹1,168.20, the last close before it, on 7 Jul. Nifty 50 is measured over the same sessions.

  • HCLTECH close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
HCLTECH closes around the bulletin against the close before the news, with Nifty 50 rebased to it103411681303axis spans 26%before the news · 7 Jul1168Nifty 50HCLTECHbulletinD0+1+3+51 Jul13 Jul22 JulFutures open interest, lotspeak 1.1 LReference close ₹1,168.20. 16 sessions from 1 Jul to 22 Jul; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before7 Jul₹1,168.20basebase
On the day8 Jul₹1,145.60▼ −1.9%▼ −2.1%+0.2 pp difference
+1 session9 Jul₹1,150.40▼ −1.5%▼ −1.8%+0.3 pp difference
+3 sessions13 Jul₹1,221.20▲ +4.5%▼ −0.8%+5.3 pp difference
+5 sessions15 Jul₹1,168.000.0%▼ −1.3%+1.3 pp difference
Gap at the open, % · ₹
▼ −0.3%−3.15 on 8 Jul
Day's range, % · ₹
3.0%≈ 35 high to low
Volume on the day
0.70×the 20-session average
Futures OI on the day
▼ −2.4%−2,300 lots · long unwinding · price −1.9%
Futures OI open, lots
94,0008 Jul · 28 Jul expiry
Futures premium, ₹
−10.40−0.9% to spot
Puts per call, by OI
0.73from 0.71 the session before
Max pain
1,120from 1,120 the session before

Source NSE UDiFF bhavcopy · HCLTECH on the desk →

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