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Sarvam AI deal lifts HCL Tech shares by 3%; Nomura says Buy for 39% upside
HCL Tech is investing $150 million in Sarvam for a 10.46 per cent stake
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.
Stock Market Today Live, June 16: Sensex, Nifty open higher as lower crude prices boost market sentiment - BusinessLine
Stock Market Today Live, June 16: Sensex, Nifty open higher as lower crude prices boost market sentimentBusinessLineSensex Today | Stock Market Live: Nifty above 23,900, Sensex up 300 pts; HCL Tech, SBI, Bajaj twins, L&T top gainersMoneycontrol.com7 Reasons Why Indian Stock Market is Rising TodayEquitymasterNifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 16 JuneMintClosing Bell: Sensex jumps 736 pts, Nifty closes above 23,800 on US-Iran peace deal announcementMoneycontrol.comSensex Today Rallies 737 Points | Nifty Above 23,850 | 4 Reasons Why Indian Share Markets Are RisingEquitymasterSensex Today Rallies 1,035 Points | Nifty Above 23,900 | Bajaj Finance & Asian Paints Top GainersEquitymasterStock market today: Sensex jumps over 1,100 points, Nifty 50 above 23,950 on US-Iran peace deal optimism. Outlook ahead?MintNifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 15 JuneMint
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.
Sensex rises over 250 points, Nifty above 23,900 as markets extend gains; HCL Tech among top gainers
Indian stock markets surged for a third consecutive day, with Sensex and Nifty extending gains amid optimism around a potential Iran-US peace deal framework. While positive macro factors like falling crude oil prices and a stable rupee offer resilience, concerns remain regarding the monsoon's impact on inflation and FII flows.
Stock Alert: GMR Airports, Dhanlaxmi Bank, Yes Bank, HCL Tech
Shares of Kaynes Technology India are banned from F&O trading on 16 June 2026.
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.
HCL Tech Share Price Live Updates: HCL Tech's Previous Day Market Close
Stocks to watch: HCL Tech, GIC, SBI among shares in focus today; check list here - Mint
Stocks to watch: HCL Tech, GIC, SBI among shares in focus today; check list hereMint
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.