NEPSE loses meager points; Investors leans towards development banks

ShareSansar, August 24:

Opening at 1184 level this afternoon, the benchmark index went up to 1196 level till the initial hour and there after ended with the plunge of 2.92 points or 0.25 percent to close at 1181.75 level.

Development sector gained 25.24 points or 2.87 percent to close at 904.56 level.

Share price of Development banks like SEWA, MNBBL, SHINE, SKBBL, MBBL, PRDBL, MDB faced the upper circuit and were among the top gainers of the day.

See the top gainers of the day.

The total turnover of the day stood at Rs 46.80 crore where more than 20 lakh unit shares of 129 companies were traded today.

Insurance sector index went up by triple digit of 131.64 points or 2.77 percent today.

Finance landed in green whereas Banking, Hotels, Hydro and Others sub-indices landed in red.

Commercial banks like LBL, SBL, NBL, CZBIL, NABIL and NIB were among the top losers of the day.

See the top losers of the day.