Nepse in correction mode due to profit booking; Index down by 1.12 points

The benchmark index at Nepal Stock Exchange went down by 1.12 points or 0.09% to close at 1,258.23 points. The selling pressure in the market has pushed the nepse index downward. The selling pressure is seen as shareholders want money to invest in the FPO of Nepal Investment Bank Limited. Today nepse index opened at 1259.30 points and went down to 1244.41 points during the second trading hour of the day. The total turnover of the day stood above Rs 40.33 crore where more than 9 lakhs unit shares were traded through 2,229 transactions. Sensitive index went down by 0.15 points and float index went up by 0.03 points respectively. Except banking, hotels and finance, all the sectors at Nepse landed in red. Click here: Today's share price