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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
Sarvam AI
$1.5 billion

HCLTech is set to lead a $300 million funding round for Bengaluru-based Sarvam AI, contributing approximately $150 million. This funding would value Sarvam AI at $1.5 billion, significantly increasing its market position among Indian AI startups. The investment reflects HCLTech's strategy to adapt to the evolving AI landscape amid pressures on the traditional IT services 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 7 Jul 2026, 16:10 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 16:10 IST on 7 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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