Indian stocks, Sensex, closed down nearly 3 percent on Wednesday as investors worried about news of the coronavirus. New species in Africa
The Sensex index closed at 57,107.15, down 1,687.94, or -2.87%.
Indian stock markets have been pressured by reports that Covid-19 virus found A new strain in South Africa called B.1.1.529 is a virus that can evade immunity. The Indian government has issued a recommendation for all states to carry out testing and screening of people arriving from South Africa. and other countries that are at severe risk
Rajet Phuchan, Secretary-General of the Indian Ministry of Health, said: “COVID-19 virus This species has a lot of mutations. and could seriously affect the Indian public health system.”
Indian stock prices plummeted widely. The auto, banking, energy and real estate indexes fell 3% to 5%.
Investors are eyeing the release of India’s third-quarter gross domestic product (GDP) figures on Nov 30, while analysts in a Reuters poll forecast India’s GDP to expand. 8.4% year on year
.
