Nepse Index went up by 40.83 points to close at 1,786.57 points; Insurance sector went up by 618.42 points

On the first trading hour of the day, the benchmark index at Nepal Stock Exchange went up by 40.83 points or 2.34% to close at 1,786.57 points.

Nepse Index opened at 1746.50  points and was seen in an upward trend. The market has again scaled in leaps and bounds.

Certainly a good sign and more importantly an overwhelming response to the policy being implemented by the policy makers. Correspondingly, even the trade total for the day is remarkably higher which shows humungous enthusiasm. Another crucial part is most of the losses have been recovered which had been incurred in the few earlier days, which shows the confidence of investors towards the market. We would also like to repeat that caution is necessary, however, when the investors flock in the market is bound to rise.

The total turnover of the day stood above Rs 1.95 arba, where more than 28 lakhs unit shares were traded through 9,905 transactions.

Sensitive index and float index went up by 9.67 and 3.23 points respectively.

Except Development Banks, Finance and Others, all the sectors at Nepse landed on green.