Sensex down 59 pts

Equities retreated substantially after a 2-session sharp rally and pushed the Sensex down by over 59 points at close on the BSE on Thursday due to selling on the last day of derivatives. Besides RIL and HLL, others like HPCL, ICICI Bank, ITC, and Bajaj Auto suffered a sharp setback on selling pressure. Depicting the downslide, the BSE benchmark 30-share index opened moderately lower at 4,347.23, later dropping to intra-day low at 4,285.01.