The IT stocks and the Nifty IT are under pressure after Donald Trump's decision to hike the fee levied on the H1-B visa. The top-tier IT stocks, including TCS, Infosys, Wipro and Tech Mahindra, are trading with cuts.
The Nifty Midcap index, after trading in the red, recovered to turn positive; however, it is currently turning with cuts of about 30 points. The Nifty Bank index is also trading with some marginal gains.
Some of the biggest losers among the Nifty 500 stocks include Persistent, Mphasis, tech Mahindra, Coforge and Sagility.
Watch this space for all the Live updates.