Mumbai, Oct. 27 -- The key equity benchmarks ended nearly flat on Tuesday amid volatility on the monthly derivatives expiry day. Elevated crude oil prices, geopolitical tensions and caution ahead of the US Federal Reserve's policy decision weighed on sentiment. The Nifty closed at 22,749.75. Broader indices, however, advanced. Media stocks led sectoral gains, followed by realty and pharma shares. IT, oil and gas, and private banking stocks declined.

The S&P BSE Sensex declined 8.08 points or 0.01% to 73,598.67. The Nifty 50 index fell 3.45 points or 0.02% to 22,749.75.

State Bank of India (down 1.63%), ICICI Bank (down 1.15%) and HDFC Bank (down 1.14%) were major Nifty drags today.

The broader market outperformed the frontline indices....