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

IREDA, REC, MMTC, HUDCO, BHEL, IDBI Bank were among biggest losers from public sector stocks on Friday.

BHEL Share Price declined 6 percent and ended the session at Rs 203. The stock could see reversal and reach higher levels in the coming sessions.

Indian markets are witnessing higher volatility this week with market players not sure about the direction for the market.

BHEL shares witnessed selling pressure in today's session and the stock closed 4.5 percent lower.

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).