Market Update at 10:15 AM: India's equity benchmarks opened lower on Wednesday as investors assessed the impact of US visa restrictions, while persistent foreign outflows and valuation concerns kept market sentiment subdued.

The Nifty 50 lost 0.36 per cent to 25,079.5, and the BSE Sensex shed 0.33 per cent to 81,826.1 as of 9:20 a.m. IST. Broader markets also struggled, with the Smallcap and Midcap indices falling around 0.4 per cent each.

The 50-stock Nifty has declined 1 per cent over the last three sessions, with information technology stocks driving this week's sell-off. The pressure came after the US imposed a USD 100,000 fee for new H-1B visa applications.

On Tuesday, the U.S. released a proposal aimed at reworking the H-1B visa selection process to favour higher-skilled and b

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