Hospital and healthcare sector stocks were in focus after Finance Minister Nirmala Sitharaman announced the Centre's plans to expand the government's flagship health insurance scheme Ayushman Bharat-Pradhan Mantri Jan Aarogya Yojana (PMJAY). The FM announced an allocation of Rs 69,000 crore for the healthcare sector in the 2020-21 Union Budget, slightly up from last year.

Over 630 people have lost their lives due in China due to novel coronavirus outbreak and the total number of confirmed cases have crossed 31,000, according to Chinese authorities. 69 more deaths were reported yesterday in Mainland China. Wuhan in China’s Hubei province which is the epicentre of the virus outbreak has reported the maximum number of deaths.

A lot of people do not yet know that a third of all cancer cases are preventable and that majority of them can be successfully treated if detected early and correctly. This lack of information at all levels is costing us millions of lives every year in the world. One way in which we can help bridge this knowledge gap is through talking about cancer, debunking common myths.