Power Finance Corporation, IREDA, Dredging Corporation, RCF and BEML were among major losers in public sector segment. Many stocks have witnessed sustained selling over the last few weeks.
IREDA share price jumped 2.1 percent on Thursday and traders can expect positive moves on Friday as well. IREDA opened the trading session at Rs 192.6 and touched an intraday high at Rs 197.5.
IREDA continued its decline on Monday with 4.2% lower closing for the session at Rs 186.6. The Public Sector renewable energy major has lost nearly 15 percent over the last one month.