New Delhi: The stock markets in India will be tracking the decision to hike US H-1B visa application fee, GST rate cuts and US-India trade talks this week. Global equity markets would also be tracked by investors.
Commenting on the stock market forecast, Ajit Mishra – SVP, Research, Religare Broking Ltd said the movement will weigh in on the impact of increase in USD 100,000 on H-1B visas, the imapct on tariffs on the export sector.
H-1B Visa Hike: Impact on Indian IT Sector
“This week, markets will first react to the US imposing an annual fee of USD 100,000 on H-1B visas, announced late Friday. While export-driven sectors are already grappling with tariff-related pressures, this move could further weigh on IT services exporters at a sensitive time when trade negotiations remain underway,” Mishra was quoted by PTI.
With Nasscom predicting that the USD 285-billion Indian IT sector could be impacted due to hike of the H-1B visa application fee to about Rs 88 lakh, investors would be closely watch the movement in IT stocks.
“This move (the US decision to hike H-1B visa application fee to USD 100,000) could sharply increase costs for US clients and reduce demand for Indian tech talent, directly impacting the revenue visibility of large IT exporters such as TCS, Infosys, and Wipro,” Pravesh Gour, Senior Technical Analyst, Swastika Investmart, tole the news agency.
US-India Trade Talks, GST Rate Cuts
In a big development, Union Commerce and Industry Minister Piyush Goyal will be departing for the US on September 22 for discussions on trade talks.
The GST rate cuts will be applicable from September 22, 2025. It will lead to drop in prices of kitchen staples to electronics, from medicines and equipment to automobiles and other products
The Market investors would also tract the buying and selling activities of foreign Institutional Investors (FIIs).
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