The coronavirus death toll has reached 1000. However, the mortality rate estimate is 1%. It means, out of 100 infected coronavirus patients, only one person has a probability of death. This is lower than other deadly viruses like ebola where the mortality rate is 70%.
In India, New Delhi election results will little impact stock market sentiments. If there is no clear winner, the volatility will erode all the premiums on the options.
Crude Oil has fallen to a yearly low. The majority of global stock indices were closed in positive but still, there is little concern over the outbreak of coronavirus.
In summary, the market looks to be in a bullish trend. Please do trade on your responsibility.