Mumbai, September 22, 2025 Indian IT shares slipped on Monday after the United States announced a steep $100,000 fee on new H-1B visas. The move worried investors because it could raise costs for India’s top tech companies that depend heavily on sending skilled workers to the U.S.
Market Reaction
The NIFTY IT index dropped about 2.6% intraday before recovering slightly by the closing bell.
- Infosys, TCS, and Wipro each fell by around 2%.
- Persistent Systems saw a bigger drop of nearly 4%.
The sell-off showed how sensitive the sector is to U.S. policy changes, as America is the largest market for Indian IT exports.
H-1B visas allow Indian engineers and developers to work onsite in the U.S., a key factor in many outsourcing contracts. The new $100,000 fee applies only to fresh applications, but it makes cross-border deployment more expensive.
Analysts noted that while the rule doesn’t impact existing visa holders, it still sends a strong signal that the U.S. wants to discourage new inflows of foreign tech workers.
Experts Opinion
Market experts believe the sudden fall was partly a knee-jerk reaction. Companies may adapt by:
- Hiring more local talent in the U.S.
- Automating certain roles, and
- Expanding delivery centers outside America.
Still, the fee could hurt profit margins in the short term, especially for firms with heavy U.S. exposure.
The new U.S. visa fee has shaken confidence in Indian IT stocks, reminding investors how dependent the sector is on overseas rules. Companies with strong balance sheets and diversified global operations may cope better, but for now, the pressure on margins could keep these shares volatile.
| Company | Price (₹) | Change (%) |
|---|---|---|
| Infosys (INFY) | 1,500.00 | −1.95% |
| TCS | 3,082.00 | −2.01% |
| Wipro | 251.00 | −2.04% |
For investors, the message is clear: keep faith in India’s IT strength, but stay cautious about global policy surprises.
