Mumbai, April 8 -- The headline equity benchmarks trimmed some gains but continued to trade with substantial gains in mid-morning trade. Investor confidence was severely shaken by several factors: growing global recession fears, heightened concerns about potential US tariff actions on Indian goods and substantial selling pressure in frontline stocks ahead of the upcoming earnings season. Despite these challenges, Indian equities have demonstrated relative strength compared to other markets, largely based on optimism that the world's fifth-largest economy will endure only minor setbacks rather than severe damage during Trump's trade conflicts. The Nifty traded above the 22,300 level.

Realty shares advanced after declining in the past thre...