TCS loses ₹4.5 lakh crore in market value after H1B visa row
Tata Consultancy Services (TCS) has lost a massive ₹4.5 lakh crore in market value after the U.S. announced higher H-1B visa fees, triggering a sharp sell-off in Indian IT stocks. Shares plunged 35% from their December peak to a 52-week low of ₹2,958. Despite the slump, most analysts, including JPMorgan, remain bullish, expecting growth recovery from FY26.