Mumbai, Feb. 18 -- The key equity indices traded near flat line in the mid-afternoon trade. The Nifty traded below the 22,950 mark. FMCG shares witnessed selling pressure for the twelfth consecutive trading session.

At 14:30 IST, the barometer index, the S&P BSE Sensex, slipped 38.23 points or 0.05% to 75,958.63. The Nifty 50 index declined 20.40 points or 0.09% to 22,939.10.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 0.75% and the S&P BSE Small-Cap index dropped 2.21%.

The market breadth was weak. On the BSE, 837 shares rose and 3,078 shares fell. A total of 115 shares were unchanged.

Buzzing Index:

The Nifty FMCG index shed 0.97% to 52,430.05. The index tumbled 10.22% over the past t...