Garden Reach Shipbuilders, Dredging Corporation, REC, BEL, RCF and Engineers India shares were among top gainers as investors expect government to announce favorable policies for Public Sector comp

BEML share price closed one percent higher and touched an intraday high at Rs 3,581. The stock can go for bullish targets at Rs 3,800 and 3,900 if we see a close above Rs 3,580.

REC, IREDA, BEL, Rail Vikas Nigam, NTPC Green Energy, SAIL and Dredging Corporation shares faced further downward pressure in today's session.

BEML share price tumbled in today's session as selling pressure continued on public sector stocks. BEML closed at Rs 3,670, declining nearly 3.2 percent.

MTNL, SBI and IREDA were trading positive on Monday. Indian markets opened flat on Monday and markets are looking for cues for next major move.

BHEL, NMDC, RITES, BEML and IREDA stocks closed strong as sustained buying was witnessed among these public sector majors.