{"id":963902,"date":"2025-09-24T09:05:55","date_gmt":"2025-09-24T03:35:55","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=963902"},"modified":"2025-09-24T09:25:37","modified_gmt":"2025-09-24T03:55:37","slug":"it-stocks-plummet-as-trump-increases-h-1b-visa-costs","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/24\/it-stocks-plummet-as-trump-increases-h-1b-visa-costs\/","title":{"rendered":"IT stocks plummet as Trump increases H-1B visa costs"},"content":{"rendered":"<p>Information technology stocks took a beating on Monday, dragging the broader market indices lower, after US President Donald Trump\u2019s move to raise the one-time cost of H-1B visas soured sentiment. The Nifty IT index tumbled nearly 3% against the 0.5% decline in the Nifty. Out of the 10 stocks in the index, nine fell, while one \u2014 Oracle Financial Services \u2014 dodged the weak trend. Infosys, Tata Consultancy Services and Wipro declined between 2% and 3%, while shares of smaller companies in the sector saw deeper cuts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Information technology stocks took a beating on Monday, dragging the broader market indices lower, after US President Donald Trump\u2019s move to raise the one-time cost of H-1B visas soured sentiment. The Nifty IT index tumbled nearly 3% against the 0.5% decline in the Nifty. Out of the 10 stocks in the index, nine fell, while one \u2014 Oracle Financial Services \u2014 dodged the weak trend. Infosys, Tata Consultancy Services and Wipro declined between 2% and 3%, while shares of smaller companies in the sector saw deeper cuts.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[61,4,10],"tags":[],"class_list":["post-963902","post","type-post","status-publish","format-standard","hentry","category-bpo-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/963902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=963902"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/963902\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=963902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=963902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=963902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}