Crisil report on industry impact due to corona virus. only listed sectors not any specific company.
3 Likes
3 Likes
https://www.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
Coronavirus COVID-19 Global Cases by Johns Hopkins to track no of current world wide cases
2 Likes
Very soon we will get vaccine for Corona . I don’t think this is going to create any economic slowdown. It is just an assumption everything is going to be great in coming days. It’s an opportunity to buy quality business.
1 Like
1 Like
Coronavirus expected to hurt US earnings harder and longer
Latest memo from Howard Marks: Nobody Knows II
3 Likes
2nd order financial risk for india if? and only if corona spreads …
- LIC will suffer huge loss and ipo and divestment will be difficult
- Air INDIA divestment will be next to impossible
- With slowing GDP fiscal deficit target met will not be possible with slowing GDP and tax collections.
though crude price will help
2 Likes
Report in guardian newspaper UK
India ’s top pharmaceuticals export group has said that an Indian government curb on some drug exports as the coronavirus outbreak spreads has caused panic in Europe and will “severely impact” businesses in the sector.
The world’s main supplier of generic drugs has restricted the export of 26 active pharmaceutical ingredients (APIs) and the medicines made from them, in a move seen as aimed at tackling possible domestic shortages of medicine during the outbreak.
Dinesh Dua, chairman of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), told Reuters that some of the restricted APIs and medicines were widely exported to Europe and the United States.
“I am getting a huge number of calls from Europe because it is very sizeably dependent on Indian formulations and we control almost 26% of the European formulations in the generic space. So they are panicking,” Dua said.
1 Like
Covid-19: Gujarat ceramic industry booms after China’s slowdown due to coronavirus
Mar 05, 2020, 02:16PM ISTSource: ANI
As the threat of coronavirus is looming over world, industries established in China have got a major hit. The ceramic industry, which is ruled by China, also got a major blow. Gujarat’s Morbi is the 2nd largest tiles manufacturing hub in the world. After China’s economic slowdown, Gujarat ceramic industry is booming. A businessman told, “There are two major clusters of ceramic tiles. One is China, another one is in India. In India, 95 percent production of tiles is in Gujarat’s Morbi. Due to coronavirus, since past 1-2 months export from China is closed. All the business is being diverted to India.
5 Likes
An informative video on Corona
5 Likes
Though above article is related to us market we can relate to how market behaves in presence for corona type wide range threat from possibility of containing it to possibility of world wide recession.
Coronavirus disease 2019 (COVID-19) Situation Report – 46 WHO
1 Like
With COVID 19 spreading fast around the world and also in India, I think “cleaning” can become big theme in India and around the world. We have already started seeing hand sanitizers vanishing from stores in India as well as toilet rolls vanishing from some parts of US. I expect sale of cleaning solutions whether it is floors cleaning, furniture/glass cleaning, clothes washing soaps, toilet cleaners, cleaning wipes, tissues, etc will go up (even ending with shortages as demand can quickly outstrip the supply). Companies like HUL, P&G etc could be beneficiary of this temporary (not sure for how long) surge. Domestic facing Indian Pharma companies should also benefit as medicine consumption would go up.
Also lot of people are working from home (or getting quarantined at home), that would create more demand for phone companies (Airtel, Voda?), broadband providers, TV channels (Sun, Zee), OTP platforms like Hotstar etc . At the same time, it is big negative for cinema halls (PVR, Inox), airlines, bus/railways, restaurants, hotels etc.
6 Likes
So if it happens, I think it will create huge demand for condoms also
1 Like
The fear factor is very high. The infections are rising, German Chancellor says 60/70 percent of the German population may get infected,we can not rule out systemic failures of financial institutions when the fall is so severe. The severity of the fall does not augur well.
Yes cleaning is a good theme. India may finally put to use all that excess chlorine that gets produced during the chlor- alkali process. The chlor- alkali cycle has been weak for a while now but all that could change once the dust settles
1 Like
True, fear factor is very high and systemic risks come within the realm of possibility. As such, a stock exchange or depository cannot go under, they are not leveraged with market positions. But financial institutions, banks or brokers can go bust if they are leveraged excessively. Or even a rogue employee who violates the company’s internal risk guidelines can bring a bank down. And if that happens, the depositors / account holders can lose money.
But demat balances remain intact . Your shares are actually with the depository, which is just a custodian. So long as the company exists, you will always remain a shareholder in its books. In case of a systemic collapse, your shares are safe but money is not.
Investors should think about this before panic selling.
4 Likes