Indian actress Aishwarya Rai Bachchan looked stunning as she made her red carpet appearance for the second day in a row, at the 66th annual Cannes Film Festival.

The 39-year-old former Miss World wore a heavily embroidered floor-length gown by Indian fashion designers Abu Jani and Sandeep Khosla and matched it with a blush colored clutch. The Bollywood diva had previously worn a black lace-print Elie Saab Spring 2013 Couture gown, which featured sequined lace embroidery.

French actress Marion Cotillard looked gorgeous in a strapless multi-colored Christian Dior dress and combined it with Chopard jewels and Dior black pumps. She stole the show with her dark tresses slicked into a retro styled hairdo - a bouffant beehive.

American actress Zoe Saldana went for a sleeveless Valentino dress which featured brocade detailing. She finished the look with Christian Louboutin shoes and David Yurman jewelry. American actress Rosario Dawson looked classy in a white Elie Saab sleeveless sequined gown from the Spring 2012 collection featuring a v-neckline and high-slit. American actress and L'Oreal spokesperson Milla Jovovich wore a red, white and black Chanel Couture floral sequin dress and combined it with Swarovski jewelry and a black leather Chanel clutch.

Ahna O'Reilly stood out in her stunning red Monique Lhuillier dress, which featured floral-embroidered high-low short sleeve with matching pants. She completed her look with Ferragamo shoes and H. Stern jewelry. Former Victoria's Secret model Selita Ebanks wore a bright yellow Cadena Gabriela gown with diamonds across her shoulder blades. Alyson Le Borges wore a red strapless Armani Privé Spring 2013 Couture gown.

Scroll down to take a look at the red carpet fashion on the fifth day of Cannes Film Festival...

Indian actress Aishwarya Rai poses on the red carpet as she arrives for the screening of the film "Blood Ties" during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Indian actress Aishwarya Rai poses on the red carpet as she arrives for the screening of the film "Blood Ties" during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Indian actress Aishwarya Rai poses on the red carpet as she arrives for the screening of the film "Blood Ties" during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Cast member Marion Cotillard poses on the red carpet as she arrives for the screening of the film "Blood Ties" during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Cast member Zoe Saldana poses on the red carpet as she arrives for the screening of the film "Blood Ties" during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Actress Milla Jovovich arrives for the screening of the film "Blood Ties" during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Actress Rosario Dawson poses on the red carpet as she arrives for the screening of the film "Wara No Tate" (Shield of Straw) in competition during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Jury Member actress Vidya Balan poses on the red carpet as she arrives for the screening of the film "Un Chateau en Italie" in competition during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Model Alyson Le Borges poses on the red carpet as she arrives for the screening of the film "Blood Ties" during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Actress Julie Gayet poses on the red carpet as she arrives for the screening of the film "Blood Ties" during the 66th Cannes Film Festival in Cannes May 20, 2013. ReutersReuters
Actress and model Hofit Golan poses on the red carpet as she arrives for the screening of the film "Blood Ties" during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Model Selita Ebanks poses on the red carpet as she arrives for the screening of the film "Blood Ties" during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Director and actor James Franco (C), cast members Ahna O'Reilly (L) and Beth Grant (R) pose on the red carpet as they arrive for the screening of the film "As I Lay Dying" in competition in "Un certain Regard" selection during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters
Jury member Naomi Kawase poses on the red carpet as she arrives for the screening of the film "Wara No Tate" (Shield of Straw) in competition during the 66th Cannes Film Festival in Cannes May 20, 2013.Reuters