Markets around the world in the buffalo following the corona virus

Corona virus transmitted to China is proving fatal. The virus has infected people from 4 countries in the world so far. On the other hand, the death toll from this virus in China is steadily increasing. On the other hand, the number of its victims has also increased. The virus has been affecting various markets around the world. The virus has caused stock markets around the world, including the United States. So the metal-commodity market has also seen a massive movement. Gold has advanced to the record surface. The virus has been shown to have an impact on Indian markets as well as other markets around the world.

Speaking of China, the viral has brought down commodity prices in China. Gradually, it will have an impact on Indian companies as India is China's largest trading partner. China accounts for 5% of India's total imports. If China's economic activity disrupts long-term, the stock market is shocked. Given the current situation, the rating agency has taken into account its economy

The growth was reduced from 8.5 percent to 8.5 percent

Have left.

However, market experts believe that the stock market will not suffer long-term losses. Diseases like SARC, swine flu, Ebola have affected the market but since then there has been rapid improvement. The plight of China equals a golden opportunity for India. Crude prices have dropped due to stagnant economic activity in China. In January this year, crude prices fell by 5 percent from their peak. At a time when inflation in India is steadily rising, cheap crude can provide significant relief.

Indian companies are unable to supply due to deferred operation in Chinese factories. In the near future, if it stretches long, it can also be a challenge for India. Due to non-supply from China, electric equipment is lacking in non-power machinery and machine tools, TVs, metal mobile electronics products, organic chemicals and pharmaceutical components. In such a scenario, Indian companies will have to find some other markets. Pharma companies have large inventories, so their work will last for a few days but the difficulties of electronic device companies will not be easy at the moment. Like pharma companies, they do not have long-term inventory.

Thus, Corona's concerns could shake the markets in the coming period. The worst of which can be seen on commodities, including metals. Considering the rapid decline in crude production, the debate over production reductions has begun in OPEC and beyond. Behind which the price has been supported. Whether oil prices get support will be clear in the coming times.