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Updated April 7th 2025, 17:30 IST

RIP Portfolio: Social Media Has a Meltdown Over Market Crash

By 1 PM, the Sensex had fallen over 3,200 points to 72,098, while the Nifty dropped more than 1,050 points to 21,850.

Reported by: Avishek Banerjee
Follow: Google News Icon
Stock Market Crash
Stock Market Crash | Image: Republic

Indian stock markets opened deep in the red on Monday, tracking a global sell-off sparked by fears of a trade war following US President Donald Trump ’s tariff impostion on various countries. Both the Sensex and Nifty reacted sharply, reflecting the turmoil overseas.

By 1 PM, the Sensex had fallen over 3,200 points to 72,098, while the Nifty dropped more than 1,050 points to 21,850. The sell-off wiped out ₹20.16 lakh crore in investor wealth, bringing BSE’s market cap down to Rs 383.95 lakh crore.

Also Read: How Indian Markets Lost Rs 20 Lakh Crore In 10 Seconds | Republic World

Markets in the United States and Asia had already signaled trouble, with Wall Street futures down about 4% and Asian indices plunging up to 6%. A global market rout erased more than $5 trillion in value over two days.

Amid the financial chaos, social media users turned to humor—flooding platforms with memes and jokes that added a dose of levity to the meltdown.

Here are some of them:

Published April 7th 2025, 15:51 IST