Nepse Index down by 20.26 points to close at 1702.27 points; turn over below 1 arba after a long time

The benchmark index at Nepal Stock Exchange went down by 20.26 points or 1.18% to close at  1,702.27 points. Nepse Index opened at 1722.63 points and was seen in downward trend. As expected in the earlier days, there has been significant volatility in the market today. Most importantly, the early gains couldn't sustain which is despotic repudiation. Alongside, turnover has slid below one arba mark today after many trading days. With almost all of the segments falling, it is rather an appraisal of policy reviews beforehand. There will possibly be crossing of roads in days to come, however, an independent company specific casting may be necessary for the current period to reach any sort of conclusion at all. For certain, these are confusing periods as the nature of the market remains as such. The total turnover of the day stood above Rs 91.42 crore, where more than 18  lakhs unit shares were traded through 4,440 transactions. Sensitive index and float index went down by 4.59  and 1.11 points respectively. Except Manufacturing & Production, all the sectors at Nepse landed on red.