27 Sep 2025 | 5 Mins Read
IT stocks gain momentum after US H-1B visa fee hike
Flipitmoney
Indian IT stocks such as TCS, Infosys, and Wipro were affected by the proposed $100,000 H-1B visa fee hike, causing a sell-off. Analysts say the sector's long-term prospects remain strong due to digital transformation, AI, and cloud adoption. Companies have started to realign strategies, invest in US talent, and reduce H-1B visa dependency, limiting the impact on earnings.