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IT pack drags mkt, loses тВ╣83K cr in m-cap over H-1B visa fee concerns

The Morning Standard

|

September 23, 2025

SHARES of Indian IT firms fell sharply on Monday with the Nifty IT index losing about тВ╣83,000 crore in market capitalisation after the latest H-1B visa policy changes by US President Donald Trump rattled sentiment.

The sell-off in the IT pack also dragged the broader market with the benchmark Sensex falling 466.26 points or 0.56% to settle at 82,159.97, and the Nifty slipping 124.70 points or 0.49% to 25,202.35.

Shares of small-cap and midcap IT stocks such as Infobeans Technologies and Hexaware Technologies tumbled 7-8% while Mphasis, LTIMindtree, Coforge, and Persistent closed 4-5% lower. Heavyweights such as TCS, Infosys, Wipro and HCL Tech fell 2-3% on Monday.

The Morning Standard

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рдХреНрдпрд╛ рдЖрдк рдкрд╣рд▓реЗ рд╕реЗ рд╣реА рдЧреНрд░рд╛рд╣рдХ рд╣реИрдВ?

The Morning Standard рд╕реЗ рдФрд░ рдХрд╣рд╛рдирд┐рдпрд╛рдБ

The Morning Standard

GST 2.0: Small retailers see short-term losses

While some retailers have already reduced prices to reflect lower tax outgo, most continue to seek clarity

time to read

2 mins

September 24, 2025

The Morning Standard

Buyers can report rate cut benefit denial on helpline

CONSUMERS who are not receiving the benefits of goods and services tax (GST) rate reductions can now raise their complaints with the National Consumer Helpline (NCH).

time to read

1 min

September 24, 2025

The Morning Standard

SHRIRAM KENDRAтАЩS RAM LIGHTS UP NAVRATRI

As the Diwali-Dussehra season begins and Sharadiya Navratri unfolds, DelhiтАЩs Shriram Bharatiya Kala Kendra (SBKK) has opened its doors for the annual staging of its renowned dance-drama RAM.

time to read

2 mins

September 24, 2025

The Morning Standard

First fully electric Delhi-Baraut AC bus service flagged off from ISBT

CM Rekha Gupta on Tuesday flagged off an inter-state AC bus service after nearly 18 years and launched the Automated Fare Collection System (AFCS) along with the 'Chalo' App.

time to read

1 mins

September 24, 2025

The Morning Standard

Spat over pets: Neighbours asked to serve pizzas

THE Delhi High Court has directed two neighbours to distribute pizzas and buttermilk to residents of an ashram while quashing FIRs they had filed against each other over a spat involving their pets.

time to read

1 min

September 24, 2025

The Morning Standard

Super 4s: Talat guides Pak to 5-wicket win

HUSSAIN Talat's all-round show, in addition to Mohammad Nawaz's measured knock helped Pakistan to a five-wicket win over Sri Lanka in the Asia cup Super 4s match here on Tuesday.

time to read

1 min

September 24, 2025

The Morning Standard

The Bumrah equation

At the ongoing Asia Cup, team management have shifted away from their usual plans with respect to the pacer; it may affect end overs balance if it doesn't come off

time to read

2 mins

September 24, 2025

The Morning Standard

Russian strikes kill civilians, Ukrainian drones shot down

Russia said that it shot down three dozen Ukrainian drones heading toward Moscow while Ukraine said that Russian missiles, drones and bombs killed at least two civilians, as Ukrainian President Volodymyr Zelenskyy persevered with efforts to bolster international support for his country at a UN gathering of world leaders on Tuesday.

time to read

1 min

September 24, 2025

The Morning Standard

After Tejashwi's refusal, Owaisi to launch yatra

DAYS after its offer to join INDIA bloc was turned down, All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief and Hyderabad MP Asaduddin Owaisi is all set to launch 'Seemanchal Nyay Yatra' in Muslim dominated region of Bihar from September 24.

time to read

1 min

September 24, 2025

The Morning Standard

Schoolgirl killed, two injured as e-rickshaw overturns in Paharganj

A 16-year-old schoolgirl was killed and two others injured after an e-rickshaw they were travelling in overturned in Paharganj area.

time to read

1 mins

September 24, 2025

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