Mumbai, Feb. 19 -- The headline equity benchmarks traded near the flatline with some tiny gains in the mid-morning trade. The Nifty hovered above the 22,950 mark. Media shares advanced after declining in the past three trading sessions.

At 11:30 IST, the barometer index, the S&P BSE Sensex, advanced 105.44 points or 0.14% to 76,073.40. The Nifty 50 index rose 8.25 points or 0.04% to 22,953.55.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index advanced 1.01% and the S&P BSE Small-Cap index gained 2.14%.

The market breadth was weak. On the BSE, 2,742 shares rose and 954 shares fell. A total of 149 shares were unchanged.

Buzzing Index:

The Nifty Media index added 1.55% to 1,495.45. The index declined 3.18%...