IT stocks in focus after Trump's H-1B visa fee hike

Indian IT majors including TCS, Infosys, Wipro, HCL Tech and Tech Mahindra are set to remain in focus after US President Donald Trump hiked the one-time H-1B visa fee to $100,000, unsettling investor sentiment. Analysts expect a knee-jerk selloff of 1–3% in IT stocks, though White House clarification that the levy applies only to new applications may soften the blow.