Indian stocks opened lower on Monday, after last session’s profit-booking, with IT stocks dragging the most after the U.S. sharply raised the one-time cost of H-1B visas to $100,000 (Rs 88 lakh), rattling sentiment in a sector that had only recently shown signs of a rebound.

The S&P BSE Sensex fell 0.37% at the open to 82,323.62, shedding 302.61 points, while the NSE Nifty 50 slipped 0.26% to 25,260, down 67.05 points.

More to come….