New Delhi, Aug. 4 -- Indian stocks ended Tuesday's session lower, reversing the previous day's sharp gains, as weakness in realty, FMCG and technology stocks dragged the benchmarks lower, while metal stocks bucked the broader trend.

The Nifty 50 closed 0.64% lower at 24,614, while the Sensex ended with a comparatively modest decline of 0.27% at 78,428. The sharp divergence between the closing values of the two benchmark indices extended for a second consecutive session following the implementation of the Closing Auction Session (CAS).

Introduced on Monday, the Closing Auction Session pools all buy and sell orders after the end of regular trading and determines a single price at which the maximum number of shares can be matched. This auc...