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Sensex dives 1,375 pts, Nifty gives up 8,300; Nestle jumps 4%

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Equity benchmark indices traded weak on Monday as market mood remained sombre with most investors believing that the stimulus package announced by the government and Reserve Bank of India will have limited effect until the actual impact of coronavirus is known. The BSE S&P Sensex closed 1,375 points or 4.61 per cent lower to 28,440 while the Nifty 50 edged lower by 379 points or 4.38 per cent to 8,281.

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