New Delhi, Sept. 26 -- Indian IT companies, including TCS Ltd., Infosys Ltd., HCLTech Ltd., and others, faced their sixth consecutive day of declines on Thursday following the release of results by US consulting giant Accenture after market hours in India. Investor sentiment was further dampened by the sharp increase in US H-1B visa fees.

Over these six sessions, the Nifty IT index has fallen by as much as 7.4 percent. Meanwhile, in the last 5 sessions (till Thursday, September 25), the ten Nifty IT constituents collectively lost around Rs.1.8 lakh crore in market capitalization.

All constituents of the Nifty IT index traded in the red. Wipro saw the steepest fall of 2 percent, followed by LTI Mindtree, Infosys, HCL Tech, Tech Mahindra,...