NEPSE nosedives 21.19 points on the next day of near 50-point rise
Summary
NEPSE fell by 21.19 points on Wednesday, erasing much of the previous day's 48.57-point gain after the government announced a recovery plan for the stock exchange market. Turnover dropped to Rs 5.38 billion, while Hydropower was the worst-performing sector.
Key Points
- NEPSE closed at 2,612.2 points after dropping 21.19 points on Wednesday.
- The market had risen 48.57 points a day earlier following the government's recovery plan announcement.
- Turnover fell to Rs 5.38 billion from Rs 8.29 billion, and the Hydropower group index recorded the steepest decline.
- Narayani Development Bank led gains, while NMB Hybrid Fund L-2 saw the biggest drop.
