Infosys, TCS and other IT shares may come under pressure today due to higher H1-B visa fee

US President Donald Trump has increased the H1- B visa fee from $2000- $5000 to $100,000. This visa fee will be applicable on new visa applications only. It will not be applicable on H1-B visas that have already been issued. The higher visa fee will be there for 12 months. If not extended after 12 months, it will expire. 70% of H1-B visas issued by US annually, go to Indians, especially to the employees of Indian IT companies. So stocks of Indian IT may see some adverse impact today. Due to their heavy weight in benchmark indices, Indian equity indices may come under pressure today. The lower GST rates will also come into effect from today.

US markets ended the day in green, on Friday

US markets closed the day in green on Friday, 19th September. Nasdaq ended the day, up by 160.75 points or 0.72%. Dow Jones ended the day, up by 172.85 points or 0.37%. S&P 500 ended the day, up by 32.40 points or 0.49%.

European markets ended the week more on a flat note

European markets ended the day on Friday more on a flat note. Euro Stoxx 50 ended the day, up by 1.75 points or 0.032%. Dax ended the day, down by 35.12 points or 0.15%. FTSE 100 ended the day, down by 11.44 points or 0.12%.

Asian markets start the day on a mixed note

Asian markets have started the day today on a mixed note. Nikkei 225 is shooting up today, 22^nd September, 2025. At 9 a.m. 22^nd September, 2025, it is up by 683.52 points or 1.52%. Hang Seng is down by 240.11 points or 0.90%. Shanghai Composite is up by 3.05 points or 0.080%. South Korean Kospi is up by 28.25 points or 0.82%.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: Dow Jones