Mumbai, Feb. 25 -- The key equity indices traded with small gains in early afternoon trade, supported by value buying at lower levels after a sharp decline over the last five trading sessions. The Nifty traded above the 22,550 mark. FMCG shares extended gains for the two consecutive trading sessions.

At 12:30 IST, the barometer index, the S&P BSE Sensex, advanced 214.78 points or 0.29% to 74,669.61. The Nifty 50 index added 27.30 points or 0.11% to 22,578.35.

In the broader market, the S&P BSE Mid-Cap index fell 0.25% and the S&P BSE Small-Cap index rose 0.02%.

The market breadth was negative. On the BSE, 1,774 shares rose and 1,890 shares fell. A total of 157 shares were unchanged.

The stock market will remain closed tomorrow, 26th F...