What is a Corona-Virus?
This is a group of many viruses that causing the deadly diseases in mammals and birds. This virus is passing from one individual to other individual and it is also contagious. Symptoms for this virus are Cough, Fever, and Shortness of breath, Respiratory problems, kidney failure or death. For this virus, there is no specific treatment found up till now.
This virus has been detected in the citizen of china as on Feb 5, 2020, there are already 500 people dead due to this virus. Most of the companies in China are shut down and due to this many multi-national companies are making losses in their china plants.
Corona Virus Impacts on Indian Stock Market
India and china total trade have been increased in 2018-19 approximately 87 billion many products are exported and imported in India. Due to this, there has been impacting in several sectors due to the virus. Indian Stock Market has been impacted due to corona-virus and the major 3 Sectors that will be affected are mentioned below:
1. Organic Chemicals Sector
India used to export the organic chemical raw material to China. Due to the virus that is attacked in the china the travelling over there has been stopped and many of the industries have been shut down over there. India could not able to export the chemicals reason is the virus and due to this, the share price of this sector has been fallen.
2. Electronic Sector
As India used to get import the electronics item from China and due to not getting the types of equipment of the electronics, the making of the electronics sector has been slow down. This impact in the industry has faced that the share price of the electronics sector has been fallen and it will revive back when the trade between the countries will start.
3. Plastic Sector
China used to export the plastic items to India and due to the corona-virus, there is no trade happening with China as it is a contagious virus. So, globally the country chooses not to trade with China currently. This issue has made the plastic using companies share prices to befallen.
Disclaimer:- In the below sectors that are mentioned it is just our assumption according to the events we are not recommending you for a buy or sell in these sectors this decision lies within you and consult your advisor before making any decision or research according to you. We hope that you like our blog of Corona Virus Impacts on Indian Stock Market.
In this blog, we are just sharing the thoughts that might happen due to the china corona-virus impacts on Indian Stock Market. As India and China have been a trade partner since years and due to this issue many of the flights have been stopped for China and currently there is no trade is happening globally with china. As China is going through a problematic situation and there is no cure prevented still. This impacts the global stock market to some sector there are positives and for some, there are negative signs.
Again, mentioning here that we are not recommending you for a buying or selling of this sector. The decision is with you, Trading Fuel is just providing blogs on information regarding the stock market which is free of cost. For further you can read many blogs more our site and for queries, you can mail us.