Market up by 27.72 points to close at 1718.15 levels supported by turnover of Rs 1.46 arba; all sectors landed in green

The benchmark index at Nepal Stock Exchange went up by 27.72 points or 1.64% to close at 1718.15 points. NEPSE index opened at 1718.15 points and went up to 1721 points during the first trading hour of the day. 3,83,111 unit shares of Hydroelectricity Investment & Development Company Limited (HIDCL) and 64,898 units shares of First Microfinance Development Bank Limited (FMDBL) were the most turnover shares today. The total turnover of the day stood above Rs 1.46 arba, where more than 25.40 lakhs unit shares were traded through 6119 transactions. Market has remained buoyant about monetary policy being introduced by Nepal Rastra Bank. The scenario has remained intense today. As the market grown significantly similar to that even mentioned in the monetary policy compared to the past year same period, the stability at this phase is really delightful for an investor. Since we are still waiting for the proviso made in the review, it will take some more time to diagnose the totality of facets associated. Besides, trading is really significant today. Others sector has had the higest gain which is 3.93% a factor to consider; similarly hydropower has also gained 2.43%. Precisely, all the segments landing in green zone shows confidence towards the regulator and its reviews for the current period. Sensitive index and float index went up by 5.34 and 2.05 points respectively. All the sectors at Nepse landed on green.