Shares of NIIT and Educomp jumped on government’s plan for education boost.
Education stocks gain over 3 per cent as Finance Minister Arun Jaitley unveiled plans to focus on education, and skill development in 2016/17 budget.
Jaitley has proposed to set up higher education financing agency.
Private education institute NIIT Ltd gained 3.3 pct and education provider Educomp Solutions Ltd gained 3.3 per cent ($1 = 68.7050 Indian rupees).