Stock market today, Sept. 24 -- India's stock indices experienced a decline on Wednesday, primarily pulled down by information technology shares as investors evaluated the effects of US visa restrictions, while ongoing foreign capital outflows and persistent valuation worries maintained a subdued mood.
The Nifty 50 dropped 0.31% to 25,091 . 85, and the Sensex decreased by 0.31% to 81,820.67 by 12:31 IST. A proposal released by the US on Tuesday aims to alter the H-1B visa selection criteria to prioritize higher-skilled and better-compensated workers. Last year, Indians constituted 71% of the approved H-1B recipients.
Foreign portfolio investors (FPIs) were at the forefront of Tuesday's selloff, liquidating shares worth 35.51 billion rup...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.