IREDA opened negative on Monday and the stock has support at Rs 196. If the stock trades above Rs 201, we can expect bullish momentum in IREDA.
NMDC, REC, Power Finance Corporation, NHPC were among major losers in public sector stocks.
RITES Limited, a government-owned engineering consultancy firm, holds a significant position in India's infrastructure and transportation sectors.
Mazagon Dock Shipbuilders , NALCO, HMT, Power Finance Corporation Shares were trading firm on Thursday while overall markets were trading flat.
BHEL share price opened strong on Monday. BHEL was trading at Rs 238 after touching intraday high at Rs 239.75 (at the time of publication of this report).
BEML, Mazagon Dock, RCF, RITES were among major losers as the markets faced selling pressure across the board.