... Watch the IT counter today as the US has just blocked H-1B, H4 visas. The Trump administration has suspended a range of work visas for foreigners, including all H-1B and H4 till the end of this calendar year. Also suspended are L1 visas and J1 visas (used by doctors and researchers). These are telecom, chemicals, industry and heavy industry departments and the ministries of steel, and electronics and IT. • Foreign brokerage Macquarie said the risk-reward is skewed firmly towards the negative for Reliance Industries shares after the run-up in stock price.

Source: Economic Times June 23, 2020 03:45 UTC