Nepse Index up by 13.84 points to close at 1,628.94 points supported by turnover of Rs 1.22

The benchmark index at Nepal Stock Exchange went up by 13.84 points or 0.86% to close at 1,628.94 points. NEPSE index opened at 1615.12 points and was seen in an upward trend. There has been enormous growth in the market changing the course of the past two days entirely. Though the entire day’s performance was on the rise the boost in the closing few minutes shows that investors are still optimistic. Correction may be denied, but it is still a concern which will be answered only in upcoming days. There seems to be lack of selling pressure, which may boost prices in the days to come, but buyers will play a crucial factor. Its obvious market will follow the path that investors choose, but for now perfectly clear directions are yet to be seen. The total turnover of the day stood above Rs  1.22 arba, where more than 18  lakhs unit shares were traded through 5,337 transactions. Sensitive index and float index went up by 2.77 and 1.08 points respectively. Except  Hotels and Finance, all the sectors at Nepse landed on green. Insurance sector went up by 177.44 points.