Market vague & unpredictable; Nepse Index down by 2.64 points to close at 1690.43 points

The benchmark index at Nepal Stock Exchange went down by 2.64 points or 0.16% to close at  1690.43 points. Nepse Index opened at 1693.07 points and went down to  1671.21 points during the first trading hour of the day. Well, we don't see any end to unevenness in the share market right away. And it has testified to be consistent with the course of time. Though slowly, we have seen dive in the market in the terminal period. Most importantly, companies like HIDCL, SBL and MBL have come for the rescue of the market along with the efforts of the SEBON and we would like to repeat the fact again. Some exaggerated segments have fallen remarkably in the recent days. It certainly would be unethical on our part to point out any company or segment be it as marvel or awful. Overall, a lot caution is necessary at times like these as the direction of market is really vague as of now. The total turnover of the day stood above Rs 1.09 arba, where more than 19 lakhs unit shares were traded through 4,446 transactions. Sensitive index and float index went down by 1.25 and 0.26 points respectively. Except Hotels, Manufacturing & Production and Others, all the sectors at Nepse landed on red.