23 Sep 2025 | 5 Mins Read
Trump's H-1B visa fee hike hits tech stocks
Flipitmoney
US IT stocks declined 3% after Trump's H-1B visa cost hike, dragging the broader market lower. Nifty IT index fell more than the Nifty. Infosys and Tata Consultancy Services declined between 2-3%. Wipro also declined. Oracle Financial Services was the only stock to escape the decline. Trump's visa cost hike added to concerns over sector growth due to AI impact and US demand slowdown.