The Indian stock market ended in the red on Monday, with the Sensex slipping 466 points to close at 82,160 and the Nifty 50 losing 124 points to finish at 25,202. The fall was largely triggered by heavy losses in the IT sector after the United States announced a steep hike in H-1B visa fees, raising concerns over the business models of Indian tech companies.
Pharma stocks also registered declines, while power, oil &amp; gas, and realty counters managed to stay resilient. Adani Enterprises, Bajaj Auto, and UltraTech Cement were among the notable gainers.
Midcap and smallcap indices mirrored the weakness in large caps, losing around 0.5&ndash;1 percent. On the currency front, the rupee weakened slightly to close near ₹88.31 per U.S. dollar, weighed down by the negative sentiment.
Analysts noted that while the H-1B visa development has caused near-term jitters, the market may stabilise if Nifty holds support near 25,000. Resistance is seen around 25,250&ndash;25,400 levels.
The broader outlook suggests volatility may continue, especially for IT stocks, until more clarity emerges on the impact of U.S. policy changes.

Indian markets fell as Sensex lost 466 points, IT stocks slid after US H-1B visa fee hike

Sensex Falls 466 Points, IT Stocks Drag

Indian markets fell as Sensex lost 466 points, IT stocks slid after US H-1B visa fee hike

September 22, 2025 | 22:08 IST