Indian equity benchmarks fell modestly on Tuesday as investors booked profits following a strong previous week. The Sensex slipped 150 points while the Nifty dipped below 25,950, pressured by weakness in metal and PSU bank stocks. Analysts said near-term volatility stemmed from global trade optimism and shifting commodity prices. Broader market action remained mixed with selective buying in defensives. Traders expect consolidation to continue until clarity emerges on global bond yields and central bank rate cues later this week.