Equity indices flat in volatile trade, IT stocks in focus on H1B visa ban

Updated:6 years ago

New Delhi, June 23 (ANI): Equity benchmark indices wobbled through volatile trade during early hours on Tuesday as gains in financial and FMCG stocks were offset by losses in IT stocks. The Trump administration on Monday extended the freeze on the issuance of green cards for new immigrants and suspended a range of work visas for foreigners, including all H-1B and H-4 till the year-end. At 10:15 am, the BSE S&P Sensex was up by 78 points or 0.22 per cent at 34,990 while the Nifty 50 edged higher by 39 points or 0.38 per cent at 10,351. Most sectoral indices at the National Stock Exchange were in the positive terrain but with negligible margins. Among stocks, the losers included Tata Consultancy Services, Bharti Airtel, HDFC Bank, ICICI Bank, Reliance Industries and Vedanta.

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Equity indices flat in volatile trade, IT stocks in focus on H1B visa ban

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