New Delhi, May 20 -- The benchmark indices fell for the third straight day on profit booking, following a rebound after India and Pakistan agreed to a ceasefire to end the four-day military conflict that stemmed from Operation Sindoor.

On Tuesday, the Nifty 50 index fell 1.05% or 261.55 points to 24,683.9, while the Sensex 30 slipped 1.06%, its sharpest decline in five days, to end at 81,186.44.

The market had rallied almost 5% from 24,008 on Friday (9 May), a day before the ceasefire, to a high of 25,116.25 on 15 May. From there, Nifty has fallen 0.08% and Sensex has declined 0.15% on profit booking.

All the Nifty sectoral indices ended lower on Tuesday. The Nifty Auto index fell the most, closing 2.17% down, the India Consumption ind...