Market seems volatile today, though investors decided not to trade; NEPSE index lost 0.40%. Increased price in NTC scrips causes NEPSE to recover some points at the last moment.

NEPSE index has declined today by 5.11 points or 0.40%. The market today had opened at 1,273.71 points and went through sound fluctuations but at last, index close in the red zone at 1,268.84 points.

NEPSE index traded in sideways zone for first 40 minutes, as investors were protesting against new CGT. Investor had decided not to enter to the market till the problem gets resolve. As a result of protest agenda, market consolidate in the first 40 minutes and turnover till that time was very low. Then the energetic sellers enters the market who took NEPSE index from opening points to intraday low at 1258 points in the period of 30 minutes and then for next one hour buyers seems dominating the game who took NEPSE to the intraday high of 1281.92. NEPSE touches the intraday high at 12.55 pm and after that market started downtrend for next 30 minutes then it consolidated for almost two hours and then in the last 8 minutes NEPSE recovers 5 points. Recovery of some points at last moment gave positive signal for buyers though the rise in NEPSE is due to rapid increment in NTC stock price at last moment. NTC is the strongest company in NEPSE.

Total turnover worth Rs 43.05 crore was witnessed during the trading hours as more than 10.09 lakh unit shares were traded in the whole day through 5,539 transactions.

Mega Bank (MEGA) stood ahead in terms of turnover as more than Rs 3.49 crore worth of shares were traded.

And, Mega Bank (MEGA) also top in case of number of shares traded as 195,737 unit shares was traded.

Likewise, the top gainer for the day is Khanikhola Hydropower (KKHC) whose price increased to Rs. 1,309 by 3.97%.

Global IME Laghubitta Bittiya Sanstha (GILB) was the top loser of the day losing to Rs 1,183 by 7.07%.

The sub-index for other sector landed in green zone whereas, the sub-indices for rest of the sectors declined and landed in the red zone.

The microfinance sector lost the most by 1.83 %( 31.13 points); others sector was the only gainer with a huge 3.32 %( 24.15 points) increment.