Indian stock market, April 16 -- The key benchmark indices hovered around the flat line with a slight positive tilt in early afternoon trade. The Nifty edged just above the 23,350 level, while media stocks continued their upward momentum for the third straight session.

As of 12:25 IST, the S&P BSE Sensex rose by 43.68 points or 0.06% to 76,783.23, and the Nifty 50 climbed 24 points or 0.10% to 23,352.55.

Broader markets outperformed the main indices, with the S&P BSE Mid-Cap index gaining 0.57% and the S&P BSE Small-Cap index surging 0.91%.

Amid ongoing global trade uncertainties and market volatility, high dividend yield stocks can provide a sense of stability for investors. As per domestic brokerage Motilal Oswal, these stocks offer ...