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The stock collapsed for the second day in a row on Tuesday (September 23, 2025), amid concerns over the rise in US H -1B visa fees.
Hexware technologies declined by 5.04%, MPhasis declined 2.58%, Mastek Ltd 2.40%, Tech Mahindra declined by 2.07%, HCL Tech 0.74%, Tata Consultancy Services (0.38%), Vipro (0.26%) and Infosys (0.16%) Dropped on BSE.
BSE it index declined 0.63%to 34,769.38.
“FMCG, IT, and realty lagged behind, with the effect of concerns about US visa fees (H -1B) and their potential impact on earnings,” Ajit Mishra, SVP – Research in Research Broking Limited.
The stock also fell on Monday (September 22, 2025).
Last week, the Trump administration announced a $ 100,000 fee at the H -1B visa once.
All new H-1B visa petitions submitted after September 21, including FY2026 lottery, will require payment of USD 100,000.
In particular, Indian tech professionals account for bulk of over 70%H-1BS.
Published – September 23, 2025 10:49 pm IST
