23 Sep 2025 | 5 Mins Read
Trump's H-1B fee hike could hit Indian IT earnings
Flipitmoney
Brokerages Nomura, Kotak, and BofA expect Indian IT firms' earnings hit from a $100,000 H-1B visa fee to be modest, offset by higher offshoring and localisation. They recommend accumulating large-cap names on weakness, with top picks including Infosys, TCS, HCL Tech, and Tech Mahindra, and selective mid-cap opportunities like Coforge and Firstsource.