# Indian IT stocks are deeply negative

*3 October 2026 · Finance*

Indian technology space is depressing.

![Phone screenshot of year-to-date returns to 22 Sep: Wipro -38.6%, Infosys -37.1%, TCS -34.8%, and HCL Tech -23.0%, over a hot-air-balloon wallpaper.](https://cdn.mohit.dev/2106343073752191210/image)

![Phone screenshot of five-year price returns: Wipro -50%, TCS -44%, Infosys -38%, HCL Tech -2%, and Tech Mahindra +12%, over a hot-air-balloon wallpaper.](https://cdn.mohit.dev/2106343073752191210/image-2)

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