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HCLTech to lead $300 million funding for Sarvam AI

after close1 source ↓written by the desknot a recommendation

funding round
$300 million
contributing approximately
$150 million
AI's valuation
$1.5 billion

HCLTech is set to lead a $300 million funding round for Bengaluru-based Sarvam AI, contributing approximately $150 million. This funding could elevate Sarvam AI's valuation to $1.5 billion, positioning it among India's top AI startups. The deal reflects HCLTech's strategy to adapt to the evolving tech landscape amid pressures on traditional IT services.

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 27 Jul 2026, 16:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

HCLTECH closed +1.8% on the day of the news, from ₹1,295.90 to ₹1,318.60; Nifty 0.0% over the same session; futures OI −3.9%.

Bulletin at 16:08 IST on 27 Jul 2026. Every change is measured from ₹1,295.90, the last close before it, on 27 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 it114712961445axis spans 26%before the news · 27 Jul1296Nifty 50HCLTECHbulletinD0+1+3+521 Jul31 Jul11 AugFutures open interest, lotspeak 1.1 LReference close ₹1,295.90. 16 sessions from 21 Jul to 11 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 %
Before27 Jul₹1,295.90basebase
On the day28 Jul₹1,318.60▲ +1.8%0.0%+1.8 pp difference
+1 session29 Jul₹1,344.30▲ +3.7%▲ +1.1%+2.7 pp difference
+3 sessions31 Jul₹1,346.90▲ +3.9%▲ +1.6%+2.3 pp difference
+5 sessions4 Aug₹1,369.90▲ +5.7%▲ +2.6%+3.1 pp difference
Gap at the open, % · ₹
▲ +0.4%+5.05 on 28 Jul
Day's range, % · ₹
3.2%≈ 41 high to low
Volume on the day
1.11×the 20-session average
Futures OI on the day
▼ −3.9%−3,200 lots · short covering · price +1.8%
Futures OI open, lots
79,00028 Jul · 28 Jul expiry
Futures premium, ₹
+0.200.0% to spot
Puts per call, by OI
0.90from 0.84 the session before
Max pain
1,170from 1,180 the session before

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