Big names like Tata Steel, Tata Motors, L&T, HCL Tech, and Infosys were among the top losers.
All sectors ended in the red, with technology stocks—many of which depend heavily on US business—falling over 7%. Metal, auto, realty, and oil & gas stocks also took a hit. Smaller and mid-sized companies weren’t spared either, with small-cap and mid-cap indices plunging 10% and 7.3%, respectively.
The sudden market plunge also sparked a flurry of memes on social media, as netizens reacted with humour to the financial chaos. While long-term investors watched in dismay, those who hadn't invested joined in the laughter.
Here are some of the top memes shared on the social media platform X:
Global Economy after Trump Tariffs#stockmarketcrash pic.twitter.com/A9qFrCDfCv
— Xavier Uncle (@xavierunclelite) April 7, 2025
Those who have not invested in stock market #stockmarketcrash pic.twitter.com/xGTt1A4GJf
— D Prasanth Nair (@DPrasanthNair) April 7, 2025
Investors who entered the stock market after 2020.#stockmarketcrash pic.twitter.com/sBFsK7OHeA
— Aaraynsh (@aaraynsh) April 7, 2025
Indian Investors after Stock Market Crash 🤣
— Mr. Democratic (@Mrdemocratic_) April 7, 2025
#stockmarketcrash pic.twitter.com/vdGoyWLg4e
Condition of people in Dalal Street after watching share market fall
— 👑Che_ಕೃಷ್ಣ🇮🇳💛❤️ (@ChekrishnaCk) April 7, 2025
Black Monday
#sensex #stockmarketcrash pic.twitter.com/XlDDghyHzv
Majority of traders and investors were searching for this support level today. #stockmarketcrash #niftycrash #StockMarket pic.twitter.com/0ahau9lTTy
— Neetu Khandelwal (@T_Investor_) April 7, 2025
Full Red Portfolio 😭#Nifty #stockmarketcrash pic.twitter.com/DanWXzaEzU
— कट्टर KKR समर्थक 🦁🇮🇳 ™ (@KKRWeRule) April 7, 2025
Dad watching his son cry over the stock market crash, thinking he should’ve just gone for FDs."#stockmarketcrash #StockMarketIndia pic.twitter.com/aj1q3rm9MQ
— POOJA DUBEY (@poojavdubey) April 7, 2025
Every investers rn 😭 #stockmarketcrash pic.twitter.com/vXVtf1NZRV
— ADITYA 🇮🇳 (@troller_Adi18) April 7, 2025
Share market #stockmarketcrash #Nifty #Sensex pic.twitter.com/XhlycG4muU
— Desi Bhayo (@desi_bhayo88) April 7, 2025
The total market value of companies listed on the BSE dropped by over 20 lakh crore, wiping out a significant chunk of investor wealth.
Experts linked the crash to global uncertainty triggered by new US tariffs under Donald Trump . But some say India’s economy is better shielded, and sectors like finance, aviation, hotels, and digital businesses may weather the storm.
The crash comes ahead of several important events this week, including the RBI’s MPC meeting, TCS earnings, and key inflation data.
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