IT stocks slide for 4th day: H-1B visa fee hike rattles investors; Rs 1.36 lakh crore wiped off market cap

IT stocks faced a fourth consecutive day of losses as the US H-1B visa fee hike heavily impacted investor sentiment. Major companies like TCS, Infosys, and Wipro saw significant drops in share value and market capitalization. The Nifty IT index plunged, reflecting broader market declines due to the new visa policy.