KATHMANDU: After an applauding gesture from Nepal Rastra Bank (NRB), the share market has taken a good momentum and has seen an increase by 92.42 points on Monday.
The share market that had indicated the leap by increasing by 74.08 points in the first eight minutes of its opening went green throughout the day.
The market has reached 2586.01 on Monday. There has been a transaction of more than 10 billion today.
Insurance and Microfinance have seen an immense leap when the indicator of all groups climbed up affirmatively.
The rumors that the mid-year review of monetary policy would tighten the stock market, manipulating share collateral loans, and banning banks in investing in the microfinance companies, had put the stock market in turmoil for a few days; however, NRB’s commitment not to make any policy change that would affect the stock market has taken NEPSE to a new height.
Comment