First confirmed case in Jammu and Kashmir, Modi likely to cancel Dhaka visit. Stock indices slip, oil prices plunge amid outbreak

A 63-year-old woman tested positive for coronavirus, making her the first confirmed case in Jammu and Kashmir, officials said on Monday. The woman, who had a travel history to Iran, was among two patients who were declared “high viral load cases” by the administration on the weekend.

She is undergoing treatment at the isolation ward of the Government Medical College (GMC) hospital and are in a stable condition, PTI reported.

Stock indices slip, oil prices plunge amid outbreak : Indian shares followed a slide in global peers on Monday as fears intensified over the coronavirus outbreak and oil prices plunged. Energy and metals stocks bore the brunt of the losses, as the NSE Nifty 50 index fell 3.70 percent to 10,582.90 by 0422 GMT, while the S&P BSE Sensex was down 3.86 percent at 36,125.45.

The Nifty hit its lowest since February 2019 and was on course for its worst day since August 2015. Oil prices plunged around 25 percent on Monday, heading towards their biggest daily loss since 1991 after Saudi Arabia slashed prices and set plans for a big increase in crude production in April.