Stock market crash memes make a comeback as investors lose over Rs 9 lakh crore

Stock market crash was trending on X on Tuesday. (Image credit: @ViVEKYadv07/X)

The Indian stock market on Tuesday faced a significant selloff as Sensex plunged over 900 points and Nifty fell below 24,500, wiping off investors' wealth amounting to Rs 9 lakh crore. Adani Enterprises, M&M, Bharat Electronics, Coal India, Tata Steel were among the top losers on the Nifty. All the sectoral indices ended in the red with auto, capital goods, metal, power, realty, telecom, media, and PSU bank were down 2-3 percent. But amid this, the meme makers on social media, especially X, did not disappoint.

Here are a few of the most popular ones:

Stock Market CrashedInvestors right now :#niftycrash #StockMarkets #SEBI #stockmarketcrash pic.twitter.com/TewXHET5Zt
Artistic Soul (@dr_artisticsoul) October 22, 2024

Prepare for the biggest disaster ever!! #Head and shoulders pattern in Nifty It never lies!! Something big is coming What the big players already know The market has not fallen much in the last few weeks but the portfolio has deteriorated #niftycrash #stockmarketcrash #Nifty50 pic.twitter.com/fRjumiM67Y ViVEK Yadav (@ViVEKYadv07) October 22, 2024

Traders condition in the Market. #Nifty #StockMarket #Sensex #NiftyBank#StockMarketCrash#StockMarketIndia https://t.co/XXsAZfEBPi pic.twitter.com/oaKKUbbPsW
DN Choudhr (@choudhry_dn) October 21, 2024

MIDDLE FINGER PATTERN!!This is the indication of market showing all the investors this timeDon't mess with stock market this time! #StockMarket #niftycrash #stockmarketcrash pic.twitter.com/yBz4J9pZgc Socialist Spirit (@SocialistSpirit) October 22, 2024

Special attention was also paid to Hyundai Motor India -- the largest public offering in India's history -- which made a subdued debut on D-Street on Tuesday. Following a lackluster listing at Rs 1,931 per share, the company's stock continued to decline. At the end of the day's trade, Hyundai Motor India shares closed in red at Rs 1,820.40 at BSE.

Two minutes of silence for Hyundai IPO share holders!!! #HyundaiIPO #StockMarkets #HyundaiMotorIndia #Stock #Midcap #StockMarketCrash #niftycrash pic.twitter.com/1rTcsndBTH
Ashish Kumar (@ashesshkr) October 22, 2024

The problem isnt with the market!The real reason for the fall in the Indian market is thanks to the 'panoti' brought by the Hyundai IPO! #BadLuckIPO #StockMarketWoes pic.twitter.com/WQdfApH9cI Viral Nagda (@I_am_Viraln) October 22, 2024

Jeevan mai bas 2 IPO allot huye hai, aur dono Paytm aur Hyundai hai. #HyundaiIPO #StockMarkets #HyundaiMotorIndia #Stock #Midcap #StockMarketCrash #niftycrash #stockmarketcrash pic.twitter.com/2Xh4F5iONq
Ashish Kumar (@ashesshkr) October 22, 2024

But, the lukewarm response in the primary market has not dented Hyundai's brand value. After the IPO, Hyundai Motor India has become the fifth most valuable automaker in India. As of October 22, 2024, its market capitalisation stands at over Rs 1.59 lakh crore.