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HPMV scare is bullshit. People selling in panic
Checked everything available on internet regarding HMPV. Here are some bullet points. 1) already existing virus. Nothing new. Infact last year china had more cases of hpmv than this year. 2) mortality rate less than 1% in kids. Mostly affects kids. 3) one affected kid in bengaluru already discharged. 4) its quite a common virus but people are scared due to some new variation affecting china. But china is normal looks like more of a media hype. Except India there is no panic selling in global markets due to hpmv yet. Infact taiwan and hang seng are up. So was S&P and nasdaq yesterday. If somebody knows anything else kindly add. Edit 1: Everyone was curious who was selling today the institutions or retailers. Answer is out https://www.moneycontrol.com/news/business/markets/diis-net-buy-shares-worth-rs-5-750-crore-fiis-net-sell-rs-2-575-crore-shares-12904465.html1
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