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IT Stocks Tumble on US H-1B Visa Fee Hike Concerns
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New Delhi: IT stocks dropped in morning trade on Monday, with Tech Mahindra tumbling over 6 per cent, amid concerns over the steep hike in US H-1B visa fees.Shares of Tech Mahindra tumbled 6.45 per cent, LTI Mindtree slumped 5.61 per cent, Persistent Systems dropped 5.51 per cent, Hexaware Technologies tanked 5.14 per cent and HCL Tech fell by 4.24 per cent on the BSE.
Sensex opens 282 points down in early trade; Infosys, TCS shares fall amid H1-B visa changes#h1bvisa pic.twitter.com/HkiRusxUzu — Deccan Chronicle (@DeccanChronicle) September 22, 2025The stock of Infosys edged lower by 3.91 per cent, Wipro declined 3.51 per cent and Tata Consultancy Services dipped 3.36 per cent.
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