Nepse Index down by 2.37 points to close at 1716.83 points; Turnover of Rs 1.54 arba

The benchmark index at Nepal Stock Exchange went down by 2.37 points or 0.14% to close at 1,716.83 points. NEPSE index opened at 1718.19 points and went up to 1723.90  points during the first trading hour of the day. Though there are some signs of worry in the market as of now, we would not intrigue investors to panic. As the movement isn't significant we can see more stability in the market. As the market has been hovering around for quite some time now, a subtle bit of correction may also be evident in the days to come. Altogether the vigilance seems very much present among investors. A fact that we see quite significant is the constant change towards the undervalued companies among the investors, which is actually a good instance for the market. The ability of the market to hold its gains considerably is a crucial thing, however there may be slight amendment which should be taken routinely. The total turnover of the day stood above Rs 1.54 arba, where more than 28  lakhs unit shares were traded through  6,509 transactions. Sensitive index went down by 0.53 and 0.19 points. Except Development Bank and Finance, all the sectors at Nepse landed on red.