IT pack drags down equity market, loses Rs 83K crore over H-1B visa fee hike concerns
Shares of Indian IT firms fell sharply on Monday with the Nifty IT index losing about ₹83,000 crore in market capitalisation after the latest H-1B visa policy changes by U.S. President Donald Trump rattled sentiment. The sell-off in the IT pack also dragged down the broader market with the benchmark Sensex falling 466.26 points or 0.56% to settle at 82,159.97, and the Nifty slipping 124.70 points or 0.49% to 25,202.35.
