The BSE Sensex had the greatest percentage fall since the year 2009 as Sensex slumped 1,625 points. If we look at it from the perspective of absolute value, the day had been proved as the third worst one for Sensex, the Indian rupee sinking to a low of 66.74/dollar. This crash resulted in wiping out investor wealth of a huge sum worth INR 7 lakh crore.
According to Raghuram Rajan, “India is better placed compared to other countries with low current account deficit, and fiscal deficit discipline, moderate inflation, low short-term foreign currency liabilities, very sizeable base of forex reserves.” “We will have no hesitation in using our reserves when appropriate to reduce volatility in the rupee,” he added.
Arun Jaitley also made an attempt of allaying apprehensions promising, “markets will settle down; the government and RBI are watching the situation closely.”
After this epic crash, it’s not at all possible for Twitter not to react on it in view of the fact that social media is active for all hot topics and Twitterians are just crazy to tweet on each and every burning issue.
#Sensex is trending on Twitter and below are 12 must check out tweets in this connection:
1
https://twitter.com/AnilAAP/status/635769356119502849
2
Anybody noticed that our politicians who has money in swiss banks have just got richer. #Sensex
— AJ (@LostSoulXD) August 24, 2015
3
https://twitter.com/AgentSaffron/status/635718361335365632
4
Maniac Monday again….. brutally bruising…
Chinese balm in short supply ?!#Sensex
— Anjan Mookho 🇮🇳 (@Anjan_Mookho) August 24, 2015
5
When Someone tells u to expect the unxpected, Slap em in there face and ask them " Did you xpect that.. #blackday #sensex
— Muhammad Zeeshan Raees (@TheXzee) August 24, 2015
6
*After #Sensex fall today*
The number of households saying,"hum to barbaad ho gaye hain" has quadrupled.
— Rudebander (@RudeBander) August 24, 2015
7
https://twitter.com/one_by_two/status/635757384527294464
8
Everyone at work was literally going mad today. This is the Biggest Crash Since 2009! #Sensex
— Rahul Sharma (@Biorahul) August 24, 2015
9
https://twitter.com/fakingnews/status/635745917899898880
10
Yeah @MrsGandhi !
U too have a nice day 😘#Sensex pic.twitter.com/zSmbDlKqBv— Komal (@Komal_Indian) August 24, 2015
11
https://twitter.com/SarcastiCharm/status/635766811883995140
12
All the karyakatas leaving to Dalal street to fight with anti-national #SenSex 😜😜😜 pic.twitter.com/OEbC3SN4oO
— ♛The Badtameez♛ (@hackinayaz) August 24, 2015
What is your opinion about it? Share your views in the comments section below.
