Comprehension Passage

Read the given passage and answer the questions that follow.
Two senior Indian officials said they were briefed last week on the U.S. plan to cap the number of H-1B visas given annually to Indians at between 10% and 15% of the total number issued. There is no country-specific limit on the 85,000 H-1B work visas that the United States grants each year, and an estimated 70% of them go to Indians.

Indian IT stocks fell on June 20 following concern about any work visa curbs. Indian tech lobby group Nasscom said such a U.S. plan would imply a "further crunch" for businesses in the United States getting skilled workers. Sources said the U.S. proposal was linked to a push by many governments for “data localisation”, in which a country places restrictions on data flows to gain better control over it, and curb the power of foreign firms. The plan, if implemented, would also apply to countries other than India, the sources said.

What was the immediate impact of the U.S. plan on the Indian market, according to the passage?

1
The Indian IT stocks rose
2
The Indian IT stocks fell
3
 The Indian IT stocks remained stable
4
The passage does not mention the impact

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