https://www.who.int › News › item
Classification of Omicron (B.1.1.529): SARS-CoV-2 Variant …
Above is the link of info about new corona variant ” Omicron “. Researchers say that it is more transmissible and dangerous than any other mutant. Experts says that,” there will be next Global Lockdown ” and nepal may also go ni lockdown in comming days.
So, what will be effect on NEPSE ??
Will it decrease again ??
No offense please, just posted for genuine discussion.
More at: r/NepalStock by -No-One-Nepal
5 comments
Red lions of London defo set for a shock.
NEPSE short-term down, hotels and tourism further down maybe, At least petrol ko bhau chai ghatchha.
Index points around 2200 is the average point between low and high that took place between 2019-2021
Once index points go below 2200, you know what to do regardless of covid. Only exception is when death is certain…. then yolo
I doubt nepse gives a fuck about that
Historically speaking, we’ll probably see a decline as we’re seeing now. This is also what happened last time we went into lockdown.
But prices rallied after the initial shock wore down. Will it follow the same pattern again? I’m not sure.
My personal strategy is to just hold the good companies/stock and sell riskier stocks or what they call the flight to quality.