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Business Standard

Global markets hit hard as indices catch Wuhan flu; Sensex falls 285 pts

Foreign brokerages are bracing for a larger impact on the global markets than what was during the SARS outbreak, which also originated in China, back in 2003

Topics
Coronavirus | Global Markets | S&P BSE Sensex

Jash Kriplani  |  Mumbai 

coronavirus
Govt workers take the temperature of passengers as they exit a railway station in China's Anhui Province, Jan. 29, 2020. Photo: PTI

The outbreak of coronavirus is quickly unraveling gains made by global markets from the US-China trade deal euphoria, with major indices trading 2-9 per cent lower than their mid-January peaks. The global market capitalisation has seen an erosion of $2.2 trillion in the last week of January.

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First Published: Fri, January 31 2020. 01:07 IST

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