Four stocks of education related companies rose by 0.56% to 2.62% after the finance minister laid emphasis on the education in the budget and announced sops for the sector.
Meanwhile, the S&P BSE Sensex was up 162.16 points or 0.45% at 36,125.11.
MT Educare, NIIT, Zee Learn and Carrer Point rose by 0.56% to 2.62%. Educomp Solutions, and Aptech fell 0.97% to 3.02%.
Finance Minister Arun Jaitely in its budget speech said that the government will initiate integrated B.Ed programme for teachers, to improve quality of teachers. Government has alloted Rs 9975 crore for social security schemes. Government to invest Rs 100000 crore in development of premium education infrastructure over next four years, he added. Government to focus on health, education & social protection. The government to use technology to improve education from 'blackboard to digital board", he said. The government proposes revitalising infrastructure, opening schools for the ST populations.
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