In a rare move, regulatory body SEBON cautions investors about bullish market

It is a rare move the regulatory body, Securities Board of Nepal (SEBON), has cautioned investors of bullish market. In its press release to investors SEBON notes NEPSE Index has made a progressive success with increasing  from 961.23 points to 1300 points in this current fiscal year . SEBON urges  investors to invest with much precaution as NEPSE Index represents as the mirror of the country’s economy. Although NEPSE is creating new peak everyday, the economic condition of the country is not at good state. Since small investors are in large scale in secondary market  and institutional investors are few in numbers, there is high chance of spreading baseless rumors in market to dupe small and new investors. All the investors are requested to overview the economic scenario of the country and the company itself before investing. Also SEBON urges investors to invest reviewing the condition of share market with high alert.