Pre-Market Update at 8:00 AM: Equity benchmark indices Sensex and Nifty 50 are expected to open lower on Monday, September 22, after investor sentiment was hit by the US administration’s sudden decision to impose a USD 100,000 H-1B visa fee. At 7:00 AM, the GIFT Nifty was trading near 25,317, down by 118 points.

US President Donald Trump signed an executive order mandating the fee for each new H-1B visa application effective September 21, 2025. Existing visa holders remain exempt, but Indian IT firms are expected to be disproportionately affected since they account for 71 per cent of total H-1B beneficiaries. Shares of Indian IT companies such as Infosys, Wipro, and Cognizant declined on US exchanges, reflecting concerns of near-term margin pressure. The Nifty IT index has already sli

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