Stock market today, May 5 -- The Indian stock market benchmarks - Sensex and Nifty 50 - finished higher on Monday, May 4. Both indices surged over 1% during the session but trimmed their 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 NSE benchmark Nifty 50 advanced 122 points, or 0.51%, to settle at 24,119.30.

However, the market is likely to snap its gaining streak as trends in the Gift Nifty index signalled a positive opening on Tuesday. Gift Nifty was trading near the 23,032 mark, down over 11.50 points from the previous close of Nifty futures.

"Indian equity markets are likely to trade with a cautious bias, as renewed tensions betwe...