HCL Technologies share emerges top gainer on Nifty 50 and Sensex after Sarvam AI investment move (opens original article in a new tab)

HCL Technologies shares rose 3.42% after acquiring a stake in Sarvam AI, becoming top gainers in major indices, with technical indicators suggesting potential for further growth if key price levels are maintained.

• HCL Technologies share price rose 3.42% after acquiring 10.46% stake in Sarvam AI for ₹1,427.25 crore
• Sarvam AI's Series B round was valued at $1.5 billion with $234 million raised in the first close
• HCL Tech shares became top gainers in Nifty 50 and Sensex indices following the investment move
• Technical analysis suggests potential for further price increase if HCL Tech sustains above ₹1,142