H-1B visa hike: Another dampener for IT stocks
US hikes H-1B visa fee 20-fold to $100,000, sparking fresh pressure on Indian IT stocks already weighed down by weak earnings and tariff threats. Analysts expect up to 6% fall in IT shares, with midcaps like KPIT and Cyient less exposed to North America seen as better bets.
US hikes H-1B visa fee 20-fold to $100,000, sparking fresh pressure on Indian IT stocks already weighed down by weak earnings and tariff threats. Analysts expect up to 6% fall in IT shares, with midcaps like KPIT and Cyient less exposed to North America seen as better bets.
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