H-1B Visa Shakes IT Stocks

Indian IT Companies faced a setback after the U.S. government announced a steep $100,000 fee on new H-1B Visa applications. as it raise operational costs significantly for companies that rely on sending skilled workers to the U.S. While the policy doesn’t impact current visa holders.
As the Companies like Tech Mahindra, LTIMindtree, Infosys, TCS, Wipro all seeing steep declines of 2-6%.