OICHARTS
8 AMThe 8 AM report →
ITTechnologyHigh impactPre-market

HCLTech leads $300 million funding for Sarvam AI

pre-market1 source ↓written by the desknot a recommendation

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

HCLTech is set to lead a $300 million funding round for Bengaluru-based Sarvam AI, contributing approximately $150 million. The deal, which values Sarvam AI at $1.5 billion, includes participation from Bessemer Venture Partners and other investors. This move highlights HCLTech's strategy to adapt to the growing AI landscape amid pressures on the traditional IT sector.

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 24 Jul 2026, 07:09 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

HCLTECH closed +2.1% on the day of the news, from ₹1,244.70 to ₹1,271.00; Nifty −0.4% over the same session; futures OI −12.5%.

Bulletin at 07:09 IST on 24 Jul 2026. Every change is measured from ₹1,244.70, the last close before it, on 23 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 it110112451388axis spans 26%before the news · 23 Jul1245Nifty 50HCLTECHbulletinD0+1+3+517 Jul29 Jul7 AugFutures open interest, lotspeak 1.1 LReference close ₹1,244.70. 16 sessions from 17 Jul to 7 Aug; 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 %
Before23 Jul₹1,244.70basebase
On the day24 Jul₹1,271.00▲ +2.1%▼ −0.4%+2.5 pp difference
+1 session27 Jul₹1,295.90▲ +4.1%▲ +0.5%+3.6 pp difference
+3 sessions29 Jul₹1,344.30▲ +8.0%▲ +1.6%+6.4 pp difference
+5 sessions31 Jul₹1,346.90▲ +8.2%▲ +2.1%+6.1 pp difference
Gap at the open, % · ₹
▼ −0.6%−7.72 on 24 Jul
Day's range, % · ₹
3.2%≈ 39 high to low
Volume on the day
0.76×the 20-session average
Futures OI on the day
▼ −12.5%−12,000 lots · short covering · price +2.1%
Futures OI open, lots
86,00024 Jul · 28 Jul expiry
Futures premium, ₹
+3.40+0.3% to spot
Puts per call, by OI
0.77from 0.74 the session before
Max pain
1,180from 1,180 the session before

Source NSE UDiFF bhavcopy · HCLTECH on the desk →

Thread · HCLTECHAll HCLTECH bulletins →

Related