Now, when will NEPSE cross the 1500 index?

Dec 22, 2017 Merolagani

There are different types of investors in the stock market. The investors have their own view, strategy and goal. But whenever they watch the market, they have some common nature like they first watch the NEPSE index, search for their company prices, status of the total turnover and so on. Considering the common nature of investors, we have prepared the following monthly NEPSE and Total Turnover activities in a single chart.

Note: Please Click the picture for the clear view.

According to the monthly chart, NEPSE makes its highest index 1537.67 on 30 Nov. 17 with Rs.74.68 Cr’ total turnover. About the highest total turnover, on 29 Nov. 17 NEPSE hasits highest turnover of Rs.105.36 Cr’ with 1536.12 index.

Final say,

As per the current scenario, if NEPSE continues its total turnover on the range of Rs.40 Cr’ – Rs.50 Cr’, NEPSE index may come below 1460. On the other hand, if NEPSE started its total turnover on the range of Rs.60 Cr’ plus, NEPSE index will cross the 1500 index. Therefore, NEPSE needs strong support of its better total turnover for the increment trend.

comments powered by Disqus

Himalayan Distillery’s Net Profit Declines by 39.5%

May 03, 2024 08:49 AM

Himalayan Distillery (HDL) has published its third quarter report of the current FY. As per the report, the company recorded a decline in sales during the review period compared to the corresponding period of the last FY.