Sensex plunges over 1,000 pts; Nifty below 8,850

Equity indices nosedived on Monday with the benchmark BSE sensex falling over 750 points led by losses in bank stocks as the government extended the coronavirus induced nationwide lockdown to May 31. The 30-share BSE index fell 753 points or 2.43% to trade at 30,343; while the broader NSE Nifty was tarding 220 points or 2.41% lower at 8,917.