Indian IT Stocks Gain Amid Trump's Soft Stance on H-1B Visas

Indian IT stocks, including Infosys and Tata Consultancy Services, may be boosted after US President Donald Trump signaled a softer stance on H-1B visas. Trump acknowledged the need for skilled workers despite his administration's restrictive measures. The IT sector depends heavily on the H-1B visa program to deploy skilled engineers on client projects in the US. Any easing or supportive rhetoric around skilled immigration tends to boost market sentiment for the sector.