Mumbai, May 26 -- Benchmark indices Sensex and Nifty ended lower on Tuesday after profit booking erased early gains, with the Sensex falling over 600 points from the day's high and the Nifty closing near the 23,900 mark. Sentiment turned cautious after hopes of a quick US-Iran peace deal weakened following fresh US strikes and comments suggesting negotiations could take longer. Volatility also increased due to monthly Nifty F&O expiry and technical resistance near the 24,100-24,200 zone. Metal and select FMCG stocks gained, while consumer durables and private banks shares witnessed selling pressure.

The S&P BSE Sensex slipped 479.25 points or 0.63% to 76,009.70. The Nifty 50 index fell 118 points or 0.49% to 23,913.70. In the past two tr...