Buy or sell stocks, May 5 -- The Indian benchmark indices - Sensex and Nifty 50 - closed in positive territory on Monday, May 4. Both indices surged over 1% during the day but trimmed gains due to profit booking as crude oil prices climbed more than 1%.

The 30-share Sensex ended 356 points, or 0.46%, higher at 77,269.40, while the Nifty 50 advanced 122 points, or 0.51%, to settle at 24,119.30.

The Nifty index began the session on a mildly positive note, opening approximately 70 points higher at 24,063.55. It initially extended its gains, reaching an intraday high of 24,290.20. However, the momentum faded early in the session, with the index slipping to a low of 24,004.75 before recovering and closing at 24,119.30. This marks a gain of 1...