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HCL Tech to Infosys, Tech Mahindra: IT stocks extend gains, Nifty IT up 3% today: Is worst over for the battered sector?
IT stocks gained on July 3, propelled by positive global tech trends and reduced fears of an interest rate hike. The Nifty IT index surged nearly 3%, recovering from recent declines, though it remains the worst-performing sector this year, down 30% in H1CY26.
HCL Tech shares zoom 6% after $1.14 billion AI deal with Fortune Global 50 firm
HCL Tech shares surged following a significant $1.14 billion deal with a European Fortune Global 50 firm to manage its digital workplace and networks. This new business, spanning July 2026 to December 2031, boosts HCL Tech's prospects. The company also recently invested in AI startup Sarvam AI. Despite a slight miss on FY26 revenue guidance, Q4 saw a 4.2% net profit increase.
HCL Tech Share Price Live Updates: HCL Tech shares zoom 6% after $1.14 billion AI deal with Fortune Global 50 firm
Buy, Sell Or Hold: Suzlon Energy, Trent, Ola Electric, HCL Tech And Godrej Properties — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
Five Stocks To Buy: Maruti Suzuki, HCLTech, Tata Consumer And More | June 29, 2026
Top picks for Monday, June 29 include Maruti Suzuki, HCL Technologies, GMR Airports, Tata Consumer Products and Chalet Hotels.
Stocks to Watch today: Airtel, Adani Power, Vedanta, Rajesh Exports, IRFC
Stocks to watch today: Bharti Airtel, Adani Power, Vedanta, Rajesh Exports, HCLTech, IRFC, Swiggy, Bandhan Bank, Torrent Power, Hindustan Copper, Tata Steel, and others will be in focus today.
Infosys, TCS, HCLTech And Other IT Stocks Under Pressure On Weak Global Tech Cues
Back home, IT stocks traded mostly lower, with Infosys emerging as the top laggard, falling 2.22% to a current trading price of Rs 1,041.80. Tata Consultancy Services (TCS) declined 1.39% to Rs 2,098.20, while HCL Technologies slipped 1.24% to Rs 1,116.50.
Stock Alert: Bharat Forge, HCL Tech, Diamond Power Infra, ImagicaaWorld Entertainment
Securities in F&O Ban:
HCLTech’s Sarvam bet signals start of India’s AI growth story: Mayuresh Joshi
Mayuresh Joshi, Director of Research at Marketsmith India, said Sarvam's enterprise and agentic AI capabilities can simplify workflows, making HCLTech's investment a strategic move that could prompt more IT firms to pursue similar deals. He expects such investments to create long-term value as AI adoption rises. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 crore
HCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strategic partnership aims to bolster HCLTech's enterprise AI capabilities by developing industry-specific language models and leveraging Sarvam AI's multilingual and sovereign AI solutions for global clients.
HCLTech's Sarvam AI Bet: Nomura Bullish, Morgan Stanley Flags Execution Risk
Morgan Stanley said the key to watch will be proof points of real-world use cases at HCLTech's global enterprise clients over coming quarters.
Stocks in news: HCL Tech, Bharti Airtel, SBI, Adani Enterprises, GMR Airports
Indian equities opened the week strong, with the Sensex and Nifty gaining nearly 1% each on positive global sentiment. Key stocks in focus include HCL Technologies, GMR Airports, Adani Enterprises, and Bharti Airtel, with significant corporate announcements and strategic moves shaping the market outlook.