On Monday, September 22, 2025, Indian share markets closed with losses on a caution note, primarily sparked by the US charging a substantial $100,000 one-time charge on fresh H-1B visas. The action heavily impacted Information Technology (IT) stocks, pulling key indices down under heavy selling pressure.
Market Movements and Key Highlights
The BSE Sensex closed the day lower by 466 points, down 0.56%, at 82,160 levels. The NSE Nifty 50 also fell 125 points, or 0.49%, closing at 25,202 levels. The sell-off was dominated by the IT sector, which took a major hit as the Nifty IT index dropped sharply by more than 4%, closing at around 35,145 points.
Large IT blue-chips such as Tata Consultancy Services (TCS), Infosys, Tech Mahindra, HCL Technologies, and Wipro witnessed share prices falling between 2% to 4%, as they feared that the rising cost of H-1B visas could affect their capacity to send talent abroad to the US.
However, some segments defied the trend with Realty, Media, and Metals being resilient. Nifty Realty index gained 0.7%, led by modest buying interest, while Media and Metal indexes also registered increases in otherwise flat market.
Individual Stock Performance
Of individual stocks, Tata Motors, Sun Pharma, Bharat Electronics, Axis Bank, and Tata Steel faced some selling pressure and closed lower. On the contrary, Adani Ports, Bajaj Finance, Trent Ltd, and Eternal Logistics were among the best gainers, with Adani group stocks rising in response to regulatory approvals that infused investor confidence.
In mid-cap as well as small-cap stocks and indices settled marginally lower with Nifty Mid-cap falling 0.36% and Small-cap down by 0.85%, indicating cautious attitude in market caps.
Broader Market Context
The dramatic drop in IT stocks was unexpected following last week’s positive earnings and positive global liquidity terms that had underpinned earlier weekly gains. The contentious US visa fee increase added uncertainty to the market, especially for industries reliant on cross-border mobility of talent.
Global markets gave mixed signals with South Korea’s Kospi and Japan’s Nikkei moving higher, while Hong Kong’s Hang Seng slipped lower. The Indian rupee eased slightly, trading around 88.20 against the US currency.
Market Outlook
Analysts predict Nifty can consolidate in the 25,100 to 25,500 zone in the short term as investors process these policy and geopolitical shifts. Though IT is still the weak point, appetite in power, infrastructure, and financials can lend support.
Summing up, Monday’s equities market session displayed the direct reaction to foreign policy decisions on Indian equities, with IT stocks taking the hit. Market observers are keeping close tabs on subsequent developments on US immigration charges and how these affect Indian corporates and global trade patterns.
