Will Nepse Index breach 1500 points anytime soon or will it take time?

Currently, the benchmark index at Nepal Stock Exchange has been hovering around above 1450 points.  It has not seen successful in reaching 1500 points. For past two trading days, the market has been in correction mode. Here is the opinion of the experts on whether the market will breach 1500 points anytime soon or not?   Kishor Kumar Basawatia Former secretary of Nepal Chamber of Commerce I don’t think Nepse will breach 1500 points any time soon. It will remain stagnant below 1500 points. The reason behind market not breaching 1500 points is our doubtful political arena. The recent news  regarding change in government has brought a negative sentiment in the market. Though the rumor has been called off but it has made the investors cautious. Had there been no political issues at this time, the market would have moved up gradually. The third quarterly report of commercial banks is coming out to be good which would have slowly  pushed the market the upward.   Rabindra Bhattarai Sharemarket Analyst There is possibility that the market would reach 1500 points. The news regarding change in government had dragged the market downward, but as the things have been cleared now and there would be no political change for sometime, I think the confidence level of the investors will again be high from Sunday. The market will reach 1500 points, but it will take some time.