The Indian stock market saw a decline on August 24, with the Sensex falling 290 points and the Nifty slipping below the 24,200 mark.
Financial stocks led the drag as investors reacted to mixed global cues and a 4% rise in the volatility index (VIX) during the trading session.
Market analysts are closely watching the performance of PSU banks and major indices as the market struggles to maintain momentum amid ongoing economic uncertainty.