NEPSE Plunges 58.05 Points, Closing at 2,582.73 Amid Heavy Selling Pressure

Bajarko Chirfar
Bajarko Chirfar
2081 Chaitra 12
NEPSE Plunges 58.05 Points, Closing at 2,582.73 Amid Heavy Selling Pressure

The Nepal Stock Exchange (NEPSE) experienced a steep decline of 58.05 points (-2.19%) today, closing at 2,582.73. This drop comes after a 26.10-point gain in the previous trading session.

Market Performance

The trading session opened at 2,652.87 and fluctuated between a high of 2,652.87 and a low of 2,581.32. The intraday turnover stood at Rs. 5.18 Arba, with a total of 11,155,955 shares changing hands across 325 companies through 62,021 transactions.

Top Performers & Losers

  • Himalayan Reinsurance Limited (HRL) recorded the highest turnover of Rs. 23.2 Crores, closing at Rs. 938.50.

  • 9.5% NCC Debenture 2086 (NCCD86) led the gainers, rising by 4.52%.

  • Narayani Development Bank Limited (NABBC) was the biggest loser, falling 9.97%.

Sector-wise Movement

  • The Finance Index suffered the highest loss, declining by 3.41%.

  • The Mutual Fund Index saw the least decline at 0.51%.

With today’s downturn, investors are closely monitoring market trends for signs of stabilization in the upcoming sessions.

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