KATHMANDU, MARCH 17

The Nepal Stock Exchange (NEPSE) saw a dip of 10.62 points, marking a 0.51% decrease to settle at 2,070.25 points as the curtains drew on the first trading day of the week.

In tandem with this decline, both the sensitive index, which tracks 'A' class stocks, and the float index, gauging actively traded shares, experienced a downturn of 0.42% and 0.49% respectively.

Venturing across sectors, the market largely displayed a negative sentiment. Among the thirteen sectors, only three sectors - development bank (0.82%), finance (0.62%), and manufacturing and processing (0.29%) - clinched gains. Conversely, the remaining ten sectors witnessed losses, with the hotels and tourism, and hydropower sectors bearing the brunt with losses of 1.56% and 1.16% respectively.

Today, the market depicted a scenario where 84 companies advanced, 150 companies witnessed a decline, and 10 remained unchanged. Notably, Saptakoshi Development Bank Ltd (SAPDBL) stood out with a remarkable 10% gain in its share value.

The day's trading activity accumulated a total turnover of Rs 3.3 billion, facilitated by the exchange of 8,406,076 units of shares belonging to 304 companies, executed through 63,009 transactions.

The market capitalization stood at Rs 3.254 trillion.