IT stocks fall for third day on H-1B fee hike: Sensex slips 386 points; FIIs continue outflow
IT stocks fall for third day on H-1B fee hike: Sensex slips 386 points; FIIs continue outflow
Indian IT stocks experienced a decline for the third consecutive day. This downturn is attributed to worries surrounding a sharp increase in US H-1B visa fees. The BSE IT index saw a drop. Several major IT companies, including Mastek, Wipro, TCS and Infosys, experienced losses. The broader market also felt the impact, with both the Sensex and Nifty falling.
Indian IT stocks experienced a decline for the third consecutive day. This downturn is attributed to worries surrounding a sharp increase in US H-1B visa fees. The BSE IT index saw a drop. Several major IT companies, including Mastek, Wipro, TCS and Infosys, experienced losses. The broader market also felt the impact, with both the Sensex and Nifty falling.