Mumbai, May 11 (Inditop.com) A benchmark index for Indian equities dipped Tuesday to close 205 points lower, after a sharp rally of more than 561 points the day before.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,336.13 points, ended at 17,125.42 points (provisional), 205.13 points or 1.18 percent lower than its previous close at 17,330.55 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty also ended at 5,130.6 points, a loss of 1.21 percent from its previous close at 5,193.6 points.

Broader market indices were also subdued, with the BSE midcap index ending 1.18 percent down and the BSE smallcap index closing 1 percent lower.