On Tuesday, the Indian stock market experienced a significant decline, with the Sensex dropping by more than 900 points and the Nifty falling below 24,500. This resulted in a loss of investor wealth exceeding Rs 9 lakh crore.
Major companies such as Adani Enterprises, M&M, Bharat Electronics, Coal India, and Tata Steel were among the hardest hit, contributing to the downturn. All sectoral indices closed in the red, with notable declines in auto, capital goods, metal, power, realty, telecom, media, and PSU banks, each down by 2-3 percent.
During this market turmoil, social media platforms witnessed a resurgence of stock market crash memes, reflecting the sentiment of investors dealing with the sudden market shifts.