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HCLTech leads $300 million funding for Sarvam AI

after close1 source ↓written by the desknot a recommendation

funding round
$300 million
contributing approximately
$150 million
and various existing
$50 million
Sarvam AI
$1.5 billion

HCLTech is set to lead a $300 million funding round in Bengaluru-based Sarvam AI, contributing approximately $150 million. Other investors include Bessemer Venture Partners with $50 million and various existing backers. This deal, valuing Sarvam AI at $1.5 billion, underscores HCLTech's commitment to adapting to the AI landscape amid industry pressures.

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 23 Jul 2026, 16:08 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 16:08 IST on 23 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 →

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