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ESB Sensex and NSE Nifty in free fall in the middle of India's first quartz Covid-19 Death India

Panic selling on the Indian stock markets worsened today (March 13) as India announced its first confirmed death on Covid-19 and the number of positive cases in the country have approached 80.

The Sensex benchmark of ESB plunged 3,000 points (more than 9%) in open.

On the National Stock Exchange (NSE), trading was halted for 45 minutes as the Nifty index fell 10% within minutes of opening. It is the first time since 2008 that the index crosses the lower circuit.

It has now been confirmed that a 76-year-old man from Kalaburagi, Karnataka, who died on March 10 after returning from Saudi Arabia, contracted Covid-19. Although a few deaths were reported in India earlier, the deceased having symptoms similar to those of patients with coronavirus, this is the first officially confirmed case.

His mother also would have been tested positive for the coronavirus and about 1,500 people who came into contact with it were put under observation. The government has also confirmed to Parliament that there has been no transmission case again.

The northern state of Haryana and Delhi Meanwhile, the National Capital Region has declared Covid-19 epidemic. Delhi's Chief Minister Arvind Kejriwal has ordered all schools and movie theaters closed until March 31. The city has identified six patients who have tested positive for the virus.

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In damage control

In the absence of a cure, Indian authorities say it will be around two years before a coronavirus vaccine is developed in India, the country is trying its best option: isolating the virus.

To this end, India has started to take strong action. To begin with, he decided to cancel all visas until April 15.

Many leaders yesterday in the lower house of parliament expressed concern over Indians stranded in different countries. For me, I have to find a way to help or bring them all back. Here we are. Please understand, we can only bring them back if they are tested, Foreign Minister S Jaishankar said in response. We cannot bring untested people back into a very serious epidemic situation, because I also have to fear for the security of this country, said the minister.

He further informed the House that after evacuating stranded citizens in Iran, India will attempt to bring back its citizens of Italy.

The Indian military has set up a quarantine facility in Manesar, near Delhi, to prevent evacuees from the province affected by the China virus. With the increasing number, all who return to Delhi from abroad,

and not only from China,

are examined in this establishment, as well as in Haryana.

Meanwhile, in the southern state of Kerala, biometric authentication in public distribution stores have been suspended.

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Schools in various states have also been closed, with the exception of those where exams are underway. In these circumstances, ed-tech started to play a key role with online learning companies like Byjus advertising free services for students.

The government of Kerala has also advised Internet service providers to increase broadband availability by 40% to meet the increased demand in the midst of the epidemic.

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