Market News
Stay updated with the latest market trends, earnings, and economic indicators.
HCLTech Q1 Results: Date, Dividend, Share Price History, And More
This development comes after HCLTech's Rs 1,427 crore investment in AI startup Sarvam AI.
Closing Bell | Bulls rule the roost as IT stocks lead charge; Nifty eyes 24,000
Closing Bell: Benchmark indices extended gains for a third straight session, with IT stocks leading the rally as HCLTech surged on its Sarvam AI investment and Nifty finished just below 24,000.
Nimbus India acquires 55,000 shares in Industrial Investment Trust - scanx.trade
Nimbus India acquires 55,000 shares in Industrial Investment Trustscanx.trade
Motisons Jewellers Ltd leads losers in 'B' group
Shri Krishna Devcon Ltd, Industrial Investment Trust Ltd, Commercial Syn Bags Ltd and AMD Industries Ltd are among the other losers in the BSE's 'B' group today, 16 June 2026.
HCL Tech jumps after investing Rs 1,427 crore in Sarvam AI
Shares of HCL Technologies gained 3.27% to Rs 1,155.90 after the company announced a strategic investment of Rs 1,427.25 crore in Bengaluru-based artificial intelligence startup Sarvam AI.
HCL Technologies share emerges top gainer on Nifty 50 and Sensex after Sarvam AI investment move
HCL Technologies share price has gained 12% in one month, but has risen only 1% in six months. The largecap IT stock has fallen 13% on a year-to-date (YTD) basis, and has declined 8% in one year. HCL Tech shares have jumped 51% in three years and 107% in five years.
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.
HCLTech Shares Surge After Rs 1,427 Crore Investment In Sarvam AI; TCS, Infosys And Other IT Stocks In Green
HCLTech's surge in trade today mirrors the sentiment in the broader IT pack, with Nifty IT emerging as the biggest sectoral gainer in trade.
HCLTech shares in focus after ₹1,427 crore investment in Sarvam AI for over 10% stake
Along with HCLTech, Nvidia, Prosperity7, Activate, Glade Brook invested around $100 million cumulatively, while Bessemer made a $50 million investment in the funding round. PeakXV and Khosla Ventures are among the early backers of Sarvam AI.
Maharashtra bets bigger on green data centres; expands policy to entire state
Maharashtra has significantly expanded its green data centre policy. The state now allows more projects across all regions, not just Mumbai. This move aims to accelerate digital infrastructure investment and meet long-term capacity targets. Incentives like power tariff concessions and subsidies are offered to attract developers. The policy changes are designed to make projects more viable and encourage widespread development.
RBI opens listed Indian equities for foreign investors
The Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. This move aims to broaden the investor base for Indian equities and boost foreign currency inflows to stabilize the rupee amidst FPI outflows.
Bharti Airtel hikes stake in Airtel Africa
Bharti Airtel announced that nearly 100% of its shareholders have approved the ongoing transaction to consolidate its stake in key strategic subsidiary Airtel Africa plc, underscoring the highest levels of corporate governance at India's leading communications provider while reinforcing strong investor confidence. The transaction involves Bharti Airtel issuing equity shares to Indian Continent Investment, a promoter group entity, on a preferential basis, in exchange for its 16.31% stake in Airtel Africa.