25 Sep 2025 | 5 Mins Read
IT stocks decline amid rising H-1B visa fee concerns
Flipitmoney
Indian IT stocks declined for the fourth consecutive day due to concerns over the US-imposed $100,000 H-1B visa fee, which disproportionately affects Indian professionals who account for 70% of H-1B visas. Key stocks like Infobeans, TCS, Hexaware, HCL, Wipro, Infosys, and Tech Mahindra dropped 1.06-2.64%, causing the BSE IT index to decline 1.10% to 34,149.55.