KATHMANDU: The effect of banks raising interest rates on deposits has been seen in the share market, with Nepal Stock Exchange (NEPSE) index losing 100.67 points on the first day of the week, Sunday.

The index closed at 2,700.89 points. Share prices of all the listed companies went down today.

A total of 1,16,061,539 shares were bought and sold through 81,837 transactions in the secondary market on Sunday, resulting in an average turnover of Rs 5.97 billion.

Investors of Upper Tamakoshi Hydropower and Narayani Development Bank are among the biggest losers from the market on Sunday. Shares of these two companies fell more than 8 percent today.

Shares of the hydropower and investment subgroup fell more than five percent on Sunday.