Will Trump’s H-1B visa fee hike sink Indian IT stocks?
By
Binu Mathew
Mumbai: Investors must brace for a sell-off in Indian IT stocks early this week after US President Donald Trump on Friday sharply raised the one-time cost of H-1B visas to $100,000 (₹88 lakh), rattling sentiment in a sector that had only recently seen signs of a rebound.
Analysts expect IT shares to take an immediate hit when markets open on Monday.
