Major issue in life- COVID-19

26.03.2020 (Day-9)

Globally the biggest news is just COVID-19, Coronavirus disease 2019.
Before start talk with Global situation lets start with the history of Corona Virus. what it is and where it is come from.

Coronavirus was first discovered in 1960's The earliest one discovered in two human patients with "Common Cold" which is later name "Coronavirus" and after that the other family member of those patients have been infected by Corona in 2003. As per scientific  information this is single standard RNA virus, its mean this Virus is a genetic materials. Human to human transmission of Coronavirus is primarily thought to occur among close contacts and generated by sneezing and coughing. 


This year the Coronavirus first identify in Wuhan, the capital of Hubei, China and spread it globally very quickly. In this time as per information globally infected cases approx.4,86,592. and Death case approx.22,000 people. 

Our India also effected almost from all over state and its still growing so early. I actually don't understand why Indian not understand the importance of this situation, they are always taking all thinks casually. in our country is lockdown for 14th April. but maybe its going to extended for 30th April or more in basis of upcoming situation of this case. In this situation Indian business economy are not stable. Indian stock markets are already under pressure and the Chinese virus is impacting the Indian economy in a number of ways.Sectors like metals are badly hit because China is normally the leader in determining the demand and the price. With Chinese demand for commodities taking a 20% hit in volumes, this is surely hitting Indian commodity companies.There are sectors like pharma and electronics that depend heavily on China for inputs. For example, electronics companies source nearly 70% of their components from China. Similarly, pharma companies rely on China for APIs. With inventories dwindling, these sectors are likely to be the worst hit by the Chinese virus.Oil could have a twin impact on Indian markets. Firstly, heavy weights in the oil extraction and refining space will prefer robust oil prices. That ensures sound GRMs and also values inventories higher. However, scores of mid caps benefit from low fuel prices and that had actually led the rally in mid caps in the past. The weak oil prices caused by the Chinese virus may just about bring back interest in mid cap stocks. 

We need to take care of this situation. as per government we have to stay home save and careful. I hope everyone are safe in own way and we win against this virus.