Mundane Monday: Sensex, Nifty settle on flat note in muted trade

Profit-taking, weak Asia cues drag markets lower. ITC, RIL gains were not enough to counter HDFC Bank, Titan drag. In sectoral performance, Nifty Bank, Auto, Media, Metal, Pharma, Realty, and Consumer Durables ended lower, while Nifty FMCG, IT, and Oil & Gas closed higher. Among individual stocks, PC Jeweller surged to lock in the 10% upper circuit after receiving approval from Punjab National Bank (PNB) for a one-time settlement of its outstanding dues.