Marketmen said domestic financial institutions continued to remain major buyers for yet another session while foreign funds extended selective support. They said shares of computer software companies, which are major exporters, traded heavily in anticipation that this sector would benefit from Hegde's special package for the exporters.

The Delhi Stock Exchange sensitive index, after dipping to 690.74 points at mid-session, rebounded to close 2.88 points up at 705.22 points. Shares of Hero Honda and ITC were also in good demand and registered notable gains.Hero honda motors, which came for trading after a gap of few sessions, made a strong rally to close Rs 50 or nearly 5.5 per cent higher at Rs 960 due to company's strong fundamentals. The company has already rewarded its share holders with aliberal bonus issue. ITC which remained under selling pressure for the major part of the session and plunged to Rs 585, staged remarkable recovery to close at Rs 610 on late buying by foreign funds against the last close of Rs 603.

Satyam computer shares ended Rs 3.45 higher at Rs 487.95, HCL infosystem ere shares up Rs 2.50 at Rs 171.50 and Software Integrated shares went up by Rs 5.85 at Rs 369.85.