IT stocks turn choppy after Canada suspends Accelerated Visa Program

IT stocks closed flat on Tuesday despite strong gains in broader markets. The BSE IT index, which comprises 12 tech stocks, including frontliners such as Tata Consultancy Services and Infosys, rose 0.27 per cent as compared to over 1.1 per cent gains in the BSE Sensex. IT stocks have seen sustained buying over the last five days, but news that Canada has tightened visa norms hit sentiments in IT stocks on Tuesday. Canada has ...