HCL Technologies falls on profit booking after Actian Corporation deal

In past two trading days, HCL Technologies had outperformed the market by surging 7% against 0.65% rise in the S&P BSE Sensex. HCL Technologies was down 2% to Rs 990, falling 3% from its early morning high after the company and Sumeru Equity Partners (SEP) signed a definitive agreement to acquire US company Actian Corporation in an all-cash deal, valued at $330 million (Rs 21.55 billion).

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