Mumbai, Feb. 14 -- The domestic equity benchmarks traded near the flatline with some positive gains in early trade. The Nifty traded above the 23,000 level. FMCG, IT and financial services shares advanced while pharma, media and oil & gas stocks declined.

At 09:30 IST, the barometer index, the S&P BSE Sensex, rose 49.23 points or 0.06% to 76,188.20. The Nifty 50 index added 6 points or 0.03% to 23,037.40.

In the broader market, The S&P BSE Mid-Cap index fell 0.96%, and the S&P BSE Small-Cap index declined 1.43%.

The market breadth was weak. On the BSE, 1,055 shares rose and 1,841 shares fell. A total of 129 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,789.91 crore, while domestic institutional inves...