Mumbai, Feb. 27 -- The key equity indices traded sideways in the mid-morning trade. The Nifty hovered below the 22,550 mark. Bank shares jumped after declining for the four consecutive trading sessions.

At 11:25 IST, the barometer index, the S&P BSE Sensex, added 16.52 points or 0.02% to 74,.623.95. The Nifty 50 index shed 4.80 points or 0.02% to 22,542.75.

In the broader market, the S&P BSE Mid-Cap index declined 0.94% and the S&P BSE Small-Cap index fell 1.80%.

The market breadth was weak. On the BSE, 1,041 shares rose and 2,646 shares fell. A total of 154 shares were unchanged.

Buzzing Index:

The Nifty Bank index advanced 0.61% to 48,904.70. The index declined 1.94% in the past four consecutive trading sessions.

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