Today's Market Summary: BBC Loses 10% After 10 Day Streak of 10% Gain; Only Three Sectors Close Green

Thu, May 6, 2021 3:31 PM on Stock Market, Latest,

The NEPSE index lost 12.47 points today and closed at 2,637.13. The index opened at 2,657.20 and immediately made the intraday high at 2,658.69. While the index went as low as 2,626.38, it ultimately closed at 2,637.13.

15,980,815 shares traded hands via 80,141 transactions. The trading of 216 scrips brought the total market turnover to a little over Rs. 6.81 Arba. While the float index lost 0.76 points and closed at 181.87, the Sensitive index is at 473.04 after losing 0.77 points.

Hydroelectricity Investment and Development Company Limited (HIDCL) has the highest individual scrip turnover of a little over Rs. 46.74 crores. The units of Siddhartha Investment Growth Scheme-2 (SIGS2) traded the most.

The eight highest gainers have impressively closed at the upper limit of 10% gain today. Most of them are hydropower companies.

On the other side of things, Bishal Bazar Company Limited (BBC) lost the most 10% and hit the negative circuit breaker for the day. BBC gained 10% for the last 10 days straight. Today's activity certainly came as a surprise for investors.

Three sectors gained and all others lost today. Banking gained the most 0.4% and Hydropower lost the most 1.86%.