Education stocks gain on budget allocation

Reuters Market Eye - Shares in education-related companies gain after Finance Minster P. Chidambaram says the 2013/14 allocation to the ministry of human resources and development has been increased to 658.67 billion rupees.

Everonn Education Ltd shares gain 12.1 percent, while Educomp Solutions Ltd shares rise 7 percent.

(Reporting on Manoj Dharra)