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IT index pares morning gains to trade flat post US relaxation on H-1B visa rules

Updated : August 13, 2020 02:04 PM IST

The Nifty IT index surged below half a percent on Thursday, reacting positively to the Trump administration allowing H-1B visa holders to enter the United States with conditions.
The index traded 0.26 percent higher in the afternoon session with all stocks trading in the green except Infosys and L&T Infotech.
As per the various media reports, if H-1B visa holders are returning to the same jobs they had prior to the proclamation of the visa ban, then they will allowed in the country.
IT index pares morning gains to trade flat post US relaxation on H-1B visa rules

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