IndiaтАЩs stock market benchmarks, Sensex and Nifty 50, plunged over 3% on Monday, mirroring global trends fueled by fears of a US recession and rising tensions in the Middle East. Investors lost over INR 10 lakh crore as the market crash commanded a near-global impact, affecting major markets in the US, Japan, and other Asian players. The crash was triggered by a dismal US jobs report, with a 4.3% unemployment rate suggesting recession-like trends. The Yen's devaluation amid Middle East tensions further exacerbated the situation, leading to JapanтАЩs Nikkei plummeting by 12%. Other affected markets included London, Taiwan, Seoul, Shanghai, and Hong Kong. Amid the financial turmoil, social media lit up with dark humour and memes, as netizens found a way to inject levity into the dire economic situation, showcasing the internet's ability to find humour in adversity.┬аStock Market Today: Sensex Crashes 2,222 Points, Investors Lose Over INR 16 Lakh Crore.

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