Manic Monday as Indian stock market plunges 5% in pre-open trade; investors seek solace in memes and GIFs

The Indian stock market woke up to a steep fall on Monday, April 7, with benchmark indices BSE Sensex and Nifty50 crashing over 5 per cent in pre-open trade.

The download is noticed after a weak week for the markets, during which the indices had already lost over 2.5 per cent. Meanwhile, the investors across the country were left shocked by the red screens and trembling numbers.

The declining numbers quickly grabbed the attention of netizens on social media, and this became a part of a meme trend for the day.

Credit: X

Netizens flood social media with memes around the crashing stock market

As soon as the news of the decline in the stock market came in, social media platforms like X (formerly called Twitter) saw a flood of memes, and in no time, the platform became a battleground for users who started sharing their feelings through sarcastic posts and creative reactions.

One wrote, "Portfolio dekhte huye ?"

"Me after seeing my portfolio nowadays"

"Global Economy after Trump Tariffs"

"Stock Market Investors today"

"STOCK MARKET ISN’T WORKING OUT EXACTLY AS I PLANNED SO I’M GAMBLING ON MONKEY RACES IN VIETNAM NOW."

? "Investors today #stockmarketcrash #BlackMonday," another shared.??

What is Black Monday?

Recently, CNBC host and market commentator Jim Cramer took to social media to address that America is in store for another 'Black Monday' market crash like the record 1987 collapse if US President Donald Trump doesn't curtail his tariff plans.

It all started with the US president's reciprocal tariff that left the whole world in economic stress, and it may bring the economic depression times of 'Black Monday' in just weeks.

The term 'Black Friday' originated in the 1950s in Philadelphia and was initially used by police to describe the chaotic crowds and traffic flooding the city after Thanksgiving.

Why did the market crash?

The shocking dip in the stock market is being attributed to a mix of global and domestic factors. Additionally, there are fears of a renewed trade war, weak US market cues, and falling US stock futures triggering panic.?

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