NEPSE’s Rally Continues: 1.57% Surge Brings Fresh Excitement to the Market

The Nepal Stock Exchange (NEPSE) Index showcased an impressive performance today, gaining 43.63 points by 2:00 PM to reach 2,809.52, reflecting a 1.57% increase. The market has witnessed active trading with notable fluctuations since the opening bell, as evident from the intraday chart. The index saw a sharp surge starting at 11:15 AM, peaking shortly after, though it experienced some volatility around midday. However, from 1:15 PM onward, the index regained momentum and maintained steady growth until 2:00 PM. The total turnover amounted to Rs. 6,670,197,181.5, with 14,987,723 shares traded across 2,840 transactions, indicating strong market participation. Among the stocks mapped under the NEPSE Index, 192 advanced, 51 declined, and only 1 remained unchanged, reflecting widespread positive sentiment among investors.

Sector-wise, the market displayed varied performance across sub-indices until 2:00 PM. The Banking Sub-Index led with a 3.03% gain, closing at 1,427.40, while the Development Bank Index rose by 1.40% to 5,723.58. Other sectors, including Finance, Hotels and Tourism, Hydropower, Investment, Life Insurance, Manufacturing and Processing, Microfinance, Non-Life Insurance, Others, and Trading, recorded gains ranging from 0.60% to 1.87%. The Sensitive Index and Float Index also posted increases of 1.76% and 1.73%, respectively. This broad-based rally suggests growing investor confidence, possibly driven by positive economic indicators or policy developments, though a midday correction was noticeable in the afternoon dip. With the market still in session, stakeholders are eager to see whether this momentum will hold until the close.