How will Trump's $100,000 H-1B levy impact Indian IT earnings?

Brokerages anticipate a limited impact on Indian IT companies' earnings due to Donald Trump's $100,000 H-1B levy. They expect increased offshoring and localization to largely compensate for the levy. Nomura, Kotak, and BofA suggest accumulating large-cap stocks like Infosys and TCS during market dips, viewing the disruption as temporary.