Mumbai, April 7 -- The frontline equity benchmarks traded with moderate losses in mid-morning trade, weighed down by a mix of global and domestic headwinds. Investor sentiment weakened after fresh geopolitical tensions emerged following U.S. President Donald Trump's renewed threats toward Iran, which pushed oil prices higher and heightened market anxiety.

Markets are volatile due to the weekly expiry of Nifty 50 contracts, the first in the April series. Amid this uncertainty, the Nifty slipped below the 22,950 mark in mid-morning trade. PSU bank stocks declined after advancing in the previous trading session.

At 11:25 IST, the barometer index, the S&P BSE Sensex, fell 155.4 points or 0.21% to 73,951.81. The Nifty 50 index slipped 44.65 ...