The worst week for the global markets since the 2008 crisis

Mumbai, Ta. 28 February 2020, Friday

The week ending has been the worst week since the financial crisis of 7 for the world's stock markets, including India. Stock markets indexes have swelled in the past week due to fears of a proposed coronavirus' global impact on the global economy.

Global investor capital is also estimated at more than $ 3 trillion. The epidemic that began in China will last a few months and hope that economic activity will resume. The number of new patients is increasing in many countries around the world.

The coronavirus now looks like a deadly epidemic. If the market looks to the edge, it can meet any major risk, but at present nothing is seen and no matter how serious the epidemic may be, one Morgan Stanley Securities strategist said.

The all-country world index MSCI, which declined by 5.7 percent in November, has seen the highest decline since the end of the current week. Whether it's the S&P of America or the Nikkei Index of Japan or China, Hong Kong, Germany, stock indices of each country are down at a historic low this week.

Investor capital in India has also suffered a huge erosion due to the corona effect. Due to the coronavirus, the financial position of some of the top companies in the country and abroad has been strained. According to one Constancy firm, if the epidemic spreads internationally, it will be a major blow to world trade, markets and currencies, which was witnessed during the financial crisis of the sixth. The global GDP was reduced by 7.2 percent during the crisis of 9 years.