NEPSE Index down by 3.60 points to close at 1062.78 level; Market in wait & see phase regarding the talks between government and Madhesi parties

The benchmark index at Nepal Stock Exchange went down by 3.60 points or 0.34% to close at 1062.78 level. Opening at 1066.38  level this afternoon, the local Brouse went down to 1049.74 level during second trading hour of the day. The market in wait & see phase regarding the talks between government and Madhesi parties. The market treaded both green and red zones today ending in the red zone at the end of the day. At the beginning the market was green where as it fell sharply in the middle trading hour before gaining some lost points. This shows the investors are still weighing their options as where the market is headed. The total turnover of the day stood above Rs29.09 crore where more than 6 lakhs unit shares were traded through 2,018 transactions. Sensitive index and the float index went down by 0.81 points and 0.34 points respectively. Except Banking, Hotels and Insurance , all the sectors at NEPSE  landed in green.