Public sector stocks are once again witnessing strong buying, especially the stocks related to defense and shipping sectors.

IREDA, Dredging Corporation, IRFC, Garden Reach Shipbuilders, NMDC, REC, GAIL, BHEL, BEML and RITES were among major losers among PSU stocks on Friday as there was a sell-off in the public sector s

BEML, IREDA, BPCL and REC shares were among gainers on Tuesday as majority of stocks were trading positive in a relief rally.

BEML Stock witnessed selling pressure on Friday and the stock closed 6.45 percent lower. BEML is currently looking weak on technical charts but it could also take support from lower levels.

BEML share price jumped 2.8 percent on Friday amid overall weak trend in the markets. Many public sector stocks have witnessed a relief rally from the lows touched during March.

BHEL, BEML, IREDA, Rail Vikas Nigam, Engineers India and RCF were among major gainers from the PSU segment on Monday as markets were trading firm.