 "Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. Photo: Reuters")
Shares of information technology (IT) companies were trading lower for the second straight day after a reform bill has been introduced in the US House of Representatives mandating that the minimum salary of H-1B visa holders will be doubled to US$130,000.
Infosys, Tata Consultancy Services (TCS), Tech Mahindra, Wipro and HCL Technologies were trading down in the range of 1% to 2% on the National Stock Exchange (NSE). All these stocks ended lower by up to 4% on Tuesday.
At 10:01 am; the Nifty IT index, the largest loser among sectoral indices, was down 2% as compared to
Infosys, Tata Consultancy Services (TCS), Tech Mahindra, Wipro and HCL Technologies were trading down in the range of 1% to 2% on the National Stock Exchange (NSE). All these stocks ended lower by up to 4% on Tuesday.
At 10:01 am; the Nifty IT index, the largest loser among sectoral indices, was down 2% as compared to
