Shares of companies engaged in education sector are in the focus with many of them trading higher on back of heavy volumes in otherwise weak market.
Everon Education has surged 11% to Rs 171 on back of over five-fold jump in trading volumes. The stock hit high of Rs 176 has seen a combined 3.1 million shares changing hands on the counter so far on the NSE and BSE.
Educomp Solutions has gained 6% to Rs 175 and NIIT by 3% at Rs 34.85 on the Bombay Stock Exchange against around 1% fall in the benchmark index Sensex at 1202 hours.
The Cabinet on Thursday approved the draft of the 12th Five-Year Plan, which seeks to increase funding for social sectors such as health and education besides boosting economic growth.