Sensex down by 31 points

Select blue chip stocks drifted lower, pushing it down by 31 points at close in extremely low volume on Bombay stock exchange on Monday on fresh selling pressure from retailers and domestic funds amidst absence of any worthwhile purchases by foreign funds. The BSE benchmark 30-share index opened steady at 4770.65 and later moved irregularly in a narrow range of 4790.93 and 4731.72 before ending at 4738.62 as against last Friday8217;s close at 4769.99, a net fall of 31.37 points or 0.66 per cent. 8212;ENS