Mumbai, May 4 -- The key equity barometers traded with decent gains in afternoon trade, as investors monitoring state election results across Assam, Kerala, Puducherry, Tamil Nadu, and West Bengal, along with movements in crude oil and developments in the West Asia conflict. Elevated Brent crude prices, driven by tensions around the Strait of Hormuz, remain a key concern for inflation and the rupee, while corporate earnings present a mixed outlook. Meanwhile, the Nifty hovered above the 24,100 level.

Realty, pharma and metal shares advanced while media, IT and priate bank shares declined.

At 13:30 IST, the barometer index, the S&P BSE Sensex advanced 253.95 points or 0.33% to 77,167.93. The Nifty 50 index jumped 104.50 points or 0.44% t...