Sensex and Nifty 50 took a dive in trade on October 3, extending losses for the fourth consecutive session to settle over two percent lower. Amid rising geopolitical tensions following the escalation in the Middle East, investors rushed to sell-off their holdings. The bullishness in China and rising crude prices weighed on the market sentiment as well.
At close, the Sensex was down 1,769.2 points or 2.1 percent at 82,497.10, and the Nifty 50 was down 529.90 points or 2.05 percent at 25,267.00.
“Stock market crash” became the top trend on X as memes and reactions from investors and users flooded the social media website.
Here are some the of the best memes and reactions today on the market:
Red hi Red #niftycrash #stockmarketcrash pic.twitter.com/BobHxqZ3Tg
Raja Babu (@GaurangBhardwa1) October 3, 2024
Only facts #niftycrash #stockmarketcrash pic.twitter.com/4H1fIZGY5M
Byomkesh (@byomkesbakshy) October 3, 2024
Uth jaa bhai warna bahot log uth jayenge #stockmarketcrash pic.twitter.com/zNByT2tXh1
Manda Bendre (@mabend2) October 3, 2024
Bull outside Bombay stock Exchange. Along with Investor...##stockmarketcrash#investor pic.twitter.com/zvLJlhLsIc
Naurat Choudhary (@ChoudharyNaurat) October 3, 2024
Iran and Israel fighting...
Stock markets all over the world :#stockmarketcrash pic.twitter.com/nCf7mJSeu5 TROUBLESHOOTER (@chandpanjesha) October 3, 2024
Sensex Artist #stockmarketcrash pic.twitter.com/arsKA11ONH
Remo singh (@RemoSin14) October 3, 2024
Today's Indian Market MovesFalling Like Knife #banknifty : - 2.2% #Nifty : -2.1%#stockmarketcrash #NiftyBank #StockMarketindia #sharemarket pic.twitter.com/4iDUYHKueD Sanket Gunge (@sdgunge) October 3, 2024
In today's fall, investors' wealth eroded by around Rs 9.6 lakh crore, as the market capitalisation of BSE-listed companies slipped to Rs 465.25 lakh crore, from Rs 474.86 lakh crore in the previous session.
Biggest Nifty losers were BPCL, L&T, Tata Motors, Shriram Finance, Axis Bank are among, while gainers were JSW Steel, ONGC.
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