Punjab Newsline | New Delhi
Indian stock market is witnessing a decline in trading on Monday, August 31. The Sensex was trading around 300 points lower at nearly 76,950, while the Nifty was down around 150 points at approximately 24,050.
Metal, IT and media stocks are witnessing the sharpest declines in today's session, putting pressure on the broader market.
Meanwhile, Purple Style Labs' IPO opened for subscription today. Investors can place their bids until September 2. The company aims to raise around ₹680 crore through the initial public offering.
Market participants are closely watching sectoral trends and global cues for further direction.
