On Tuesday, Nepal Rastra Bank annoucned monetary policy for the upcoming fiscal year. Investors, who were expecting flexible monetary policy policies, did not get much change in policy to support the market which pulled down the index.
On the day, the NEPSE index decreased by 30.09 points to close at 2621.59 points. Similarly, the sensitive index decreased by 3.93 points, while the float index decreased by 2.06 points and the sensitive float index decreased by 1.42 points.
Although the NEPSE index decreased, the transaction volume has increased on this day. A total of 8,463,015 shares worth Rs 4.82 billion were traded in 77,627 trades on the day.
On this day, the growth rate of the stocks is less than 6 percent. Shares of Corporate Development Bank fell the most on the day, falling by 13.41 percent. Likewise, the share price of Upkar Laghubitta Bittiya Sanstha fell by more than 10.5 percent and Sanigad Hydropower by 6.5 percent on the day.
On the basis of turnover volume, KBL debentures are at the top of the list on the day. The debentures worth Rs 623.9 million were traded on the day. Similarly, 9.5 percent of NCC debentures worth more than Rs 435 million were traded and 8.5 percent of Sanima debentures worth Rs 220 million were traded on the day.
Out of 13 sub-groups, the indices of one sub-group have increased while the indices of 12 sub-groups have decreased. On this day, the indices of the mutual fund sub-group increased marginally. The hydropower sub-group index fell the most by 1.70 percent on the day. Likewise, the indices of sub-groups such as banking, development banks, finance, hotel and tourism, manufacture and processing, non-life insurance and others decreased by more than 1 percent today.
