IT stocks tumbled early on Monday in the view of US President Donald Trump raising H-1B visa fees. Tech Mahindra was the top loser, dropping over 6%, followed by Mphasis and Persistent Systems, which fell over 5% each. Meanwhile, TCS, Wipro, HCL Tech, Infosys, Coforge, and LTIMindtree shed between 3–5%, while Oracle Financial Services slipped 1.4%.