Nepse index down 9.44 points as short term profit-booking investors try to cash in Tuesday’s massive growth
ShareSansar, September 10:
Nepse benchmark index, which has bounced back 44.5 points yesterday, however, dropped 9.44 points today to settle at 910.62 points.
The relatively low fall of the market on the day has given a respite to the investors from the bitter experiences of benchmark index taking a daily nosedive at an alarming rate for past few days.
According to stock brokers, one of the main reasons behind today’s fall is mainly due to the short-term profit-booking mentality of some investors. “Those investors who have bought the scrips while the market was at the freefall have tried to cash in the profit from the yesterday’s huge growth,” Anjan Raj Poudyal, proprietor of Thrive Brokerage House, told ShareSansar.
He was also of the view that the market will now gradually started recovering with the recent regulators appeal to the investors to maintain patience. “It seems that the regulators’ effort to boost the confidence of the investors have worked to an extent. We can expect that the market will now started going up,” he added.
The index was on an increasing trend until 12:40 today and started plunging later on.
While Hotels, Finance and ‘Others’ groups ended in the green zone today, sub-indices of rest of the groups ended in the red zone. Hydropower group was the highest loser with its sub-index going down 75.85 points to end at 2,417.74 points. Banking, Insurance and Manufacturing and Processing groups shed 12.25, 25.53 and 13.61 points respectively. Development Bank also went down 0.94 points.
‘Others’ group went up 5.88 points Finance ended 2.79 points higher and Hotels group posted gain of 3.01 points.
A total of 852,789 units of shares of 141 companies worth Rs 46.06 crore was traded today through 3,778 transactions.
|
MARKET SUMMARY |
TOP FIVE BY TURNOVER |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
TOP FIVE BY SHARES TRADED |
TOP FIVE BY TRANSACTION |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
SECTOR WISE TURNOVER |
TOP FIVE GAINERS |
TOP FIVE LOSERS |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
SUB-INDICES |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
TOP FIVE BROKERS |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
