Sandra Bullock
may be the lead in "Gravity," but it was Katie Holmes who stole the spotlight at the film's New York City premiere last night.

Don't get us wrong -- Sandy looked great in her one-shouldered Giambattista Valli mini and her sleek tresses -- but Katie looked red hot ... or should we say hot pink!

The actress, who's kept a relatively low profile since divorcing Tom Cruise, looked sexy yet sweet in her Azzedine Alaia dress. Nude pumps made her great gams look even longer.

They weren't the only fashionistas in the house, as Emma Watson wore J. Mendel.

But with her and Sandra in white, it was definitely Katie who had the look of the night!

Click on the "Launch Gallery" above to see even more red carpet photos, including Sandra's dapper costar George Clooney.

And be sure to come back Friday for our full review of "Gravity" -- it's one of the best movies of the year!

Hot Videos