Infosys, TCS to Wipro: IT stocks tumble up to 6% after Trump's H-1B visa fee increase. Should you buy?
IT stocks plummeted on Monday after Trump raised H1-B visa fees to $100,000, impacting Indian IT firms. Nifty IT dropped over 3.5%, with major companies like Tech Mahindra and Mphasis leading the losses. Analysts suggest firms may rely more on offshore delivery to mitigate costs.
IT stocks plummeted on Monday after Trump raised H1-B visa fees to $100,000, impacting Indian IT firms. Nifty IT dropped over 3.5%, with major companies like Tech Mahindra and Mphasis leading the losses. Analysts suggest firms may rely more on offshore delivery to mitigate costs.
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