Thursday, January 6 2005 14:38 Hrs (IST) - World Time -

Mumbai: Market staged a smart recovery today (Jan 6, 2005) from the early lows in extremely volatile activity and was down by about 25 points at the midsession as domestic institutions made fairly good purchases in key counters.

The BSE (Bombay Stock Exchange) Benchmark 30-share Index, which touched a low of 6324.53 at early stages, later made a strong turnaround and was quoted at 6454.77 at 13:30 hrs (IST), down by 4.07 points.

Key counters like RIL, ACC, REL, Tata Motors and Zee Tele showed substantial gains on heavy buying support.

However, Bajaj Auto, BHEL, Dr Reddy's, Grasim, HLL, HDFC, HDFC Bank, Hindalco, ICICI Bank, ITC, Maurti, ONGC, Ranbaxy, Satyam, Tata Power, Tata Steel and Wipro showed marginal losses.