Beijing: The havoc of Coronavirus, which started in China, is increasing in the stock market of the whole world including India. Due to this virus, the US stock market index Dow Jones and S&P recorded a historic decline on Thursday. Things have become so bad that trading in the Dow Jones had to be stopped for 15 minutes. This means that there was no trade in the US stock market for 15 minutes.
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However, once the situation returned to normal, the trade started again. In the end, the Dow Zone dropped 10 percent, ie 2,352.60 points, to close at the level of 21,200.62 points. This is the worst performance since 1987. Similarly, the S&P closed down 9.5 percent. Its effect can also be seen in the Indian stock market. It is expected that the SENSEX once again falls to the level of 30 thousand marks with a big fall. While the Nifty also fears a big loss.
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The first death case due to the Corona virus has come up in India. This death has taken place in Kalaburgi, Karnataka. The age of the deceased is said to be 76 years. The patient returned to India from Saudi Arabia. 75 confirmed cases of coronavirus have been confirmed in the country so far. However, the Reserve Bank of India (RBI) has taken the front to deal with the situation. In fact, the RBI has announced a grant of $ 2 billion (Rs 14000 crore) to the market. The central bank will put this amount in the market through the dollar-rupee swipe window.
