IT stocks tumble on U.S. H-1B visa fee hike concerns

Image used for representation purpose only. | Photo Credit: Reuters IT stocks dropped in morning trade on Monday (September 22, 2025), with Tech Mahindra tumbling over 6%, amid concerns over the steep hike in US H-1B visa fees. Shares of Tech Mahindra tumbled 6.45%, LTI Mindtree slumped 5.61%t, Persistent Systems dropped 5.51%, Hexaware Technologies tanked…

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Rupee falls 15 paise to close at 88.31 against U.S. dollar

Image for representational purposes only. | Photo Credit: Reuters The rupee depreciated 15 paise to close at 88.31 (provisional) against the U.S. dollar on Monday (September 22, 2025), as investors weighed President Donald Trump’s H-1B visa fee hike impact on Indian remittances amid heightened risk-averse sentiment. Forex traders said the recent hike in H-1B visa…

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Foreign Portfolio Investors take out ₹7,945 crore from equities in September; net outflow at ₹1.4 lakh crore in 2025 so far

Debt markets witnessed investment, FPIs invested about ₹900 crore under the general limit and ₹1,100 crore through the voluntary retention route. File | Photo Credit: Reuters Foreign investors have pulled out ₹7,945 crore from Indian equities so far in September, weighed down by global uncertainties such as tariffs and persistent geopolitical tensions. This follows…

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