Sensex, the Sensex 806 and the Nifty lost 251 points in the stock market

Mumbai, February 24, 2020 Monday

The first trading day of the week is, the stock market has opened after three days leave, today the stock market is looking very broken when Trump has traveled to India. Although it has nothing to do with the Trump visit, the market was closed on Friday to celebrate the Mahashivratri festival.

The market opened three days later, but on the red marker, the market closed in the opening trade, the BSE benchmark index Sensex fell 500 points in the afternoon before trading, though the index saw a slight recovery around 1pm, this time reaching the index down nearly 400 points. Well, let's look at why the index dropped so low today.

Last week South Korea issued a high alert across the country, with more than 700 patients receiving treatment, and seven deaths confirmed.

In Italy, a flu-like virus has killed three people, with the news that the Corona virus has also shown a negative impact on the stock market.

Weak global signal

The stock market is seeing weak signals, which have had a startling impact on the business, with the hindsight, the fixed, and the Shanghai Index dropping down about 1.50 percent, causing deadly corona vouchers.

Unsafe investment

Investors investing in the stock market are feeling unsafe, with investments looking to divert capital investment into gold and dollars, with the international market rising 2 percent from the highest level in February 2012.

Due to the Corona, many countries are anticipating a rapid decline in global economic growth, due to which investors are opting for secured investment, in terms of the domestic market, gold is trading at a gain of 0.80%.

GDP statistics

GDP figures will be released this week, with shareholders investing a doubt that the current fiscal year's GDP figures may be lower than expected, according to NCAER.

Reduction in metal stocks

Shares of metal companies could see a 6 per cent fall, investors are also disappointed with the outbreak of corona, stocks including Hindalco, Tata Steel, Sail, Jindal Steel have seen a significant decline.