Markets muted; Nifty below 22,500; Big cut in tech stocks, Nifty IT index at 8 month low

Indian stock market closes flat amid selling pressure in technology stocks. Sensex and Nifty slip 0.10% and 0.12% respectively, while midcap and smallcap indices drop 0.5%. Auto, banking, and pharma stocks gain, while metal, IT, realty, telecom, PSU banks, and media stocks fall. Nifty IT hits 8-month low, with a 6% plunge in 4 days.