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Education stocks rise as FM revamps education policy

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Capital Market
Last Updated : Feb 01 2020 | 12:50 PM IST

Shares of four stocks catering to education sector rose after Finance Minister Nirmala Sitharaman gave impetus to sector in the Union Budget 2020-21.

Navneet Education (up 2.33%), Zee Learn (up 2.19%), Career Point (up 1.98%) and MT Educare (up 1.97%), edged higher.

Meanwhile, the S&P BSE Sensex was down 73 points or 0.18% to 40,650.27.

Union finance minister Nirmala Sitharaman while presenting the Union Budget 2020-21 in Parliament today, 1 February 2020 announced Rs 99,300 crore outlay for education sector in 2020-21 and Rs 3,000 crore for skill development. New Education Policy would be announced soon. With the largest working population, government is taking steps to ensure education for all, she added.

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First Published: Feb 01 2020 | 12:19 PM IST

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