IT related stocks were trading higher as Trump Administration has announced certain exemptions in H-1B and L-1 travel ban for those continuing employment with the same employer.
Tata Consultancy Services is currently trading at Rs. 2258.60, up by 1.90 points or 0.08% from its previous closing of Rs. 2256.70 on the BSE. The scrip opened at Rs. 2277.50 and has touched a high and low of Rs. 2299.45 and Rs. 2253.65 respectively. So far 33442 shares were traded on the counter.
Wipro is currently trading at Rs. 276.65, up by 0.45 points or 0.16% from its previous closing of Rs. 276.20 on the BSE. The scrip opened at Rs. 279.40 and has touched a high and low of Rs. 281.75 and Rs. 274.75 respectively. So far 955509 shares were traded on the counter.
HCL Technologies is currently trading at Rs. 725.85, up by 9.05 points or 1.26% from its previous closing of Rs. 716.80 on the BSE. The scrip opened at Rs. 718.85 and has touched a high and low of Rs. 728.55 and Rs. 713.70 respectively. So far 137450 shares were traded on the counter.
President Donald Trump, in his June proclamation, banned the entry into the US of workers in several key non-immigrant visa categories, including the H-1B, arguing that they eat into American jobs during the COVID-19 pandemic.
