Stock Market Impact: Shares of major Indian IT firms rose on the news: TCS +1% (₹2,150), Infosys +0.5% (₹1,173), Wipro +1.43% (₹182), HCLTech +0.7% (₹1,141).
Listed Companies and Sectors: The ruling removes a proposed $100,000 annual H‑1B visa fee, preserving the onsite‑offshore delivery model for Tata Consultancy Services, Infosys, Wipro, HCL Technologies and Tech Mahindra.
Regulatory Context: A U.S. federal judge held the fee unlawful as it constituted an unapproved tax, preventing its implementation by immigration authorities.
Future Outlook: The administration may appeal, leaving longer‑term immigration policy uncertainty for the sector.
