New Delhi, May 4 -- Aided by strong buying in heavyweight stocks, the headline indices ended Monday's trade on May 4 with healthy gains, while early trends from the state elections showing the Bharatiya Janata Party leading in key states further boosted market sentiment.

Although the key indices opened on a muted note, they gradually gathered momentum during the first half of trade. However, profit booking at higher levels capped the upside, with the Nifty 50 eventually settling at 24,119, up 0.51% from the previous close.

Major support for the benchmark came from heavyweights such as Hindustan Unilever Limited, Reliance Industries Limited, and Maruti Suzuki India Limited.

The S&P BSE Sensex concluded the session with a modest gain of ...