April 11: The NEPSE Index gained 1.48%, 27.31 points, and closed at 1871.33 on the third trading of the week on Tuesday. 

In a program organized in Kathmandu today, Prime Minister Pushpa Kamal Dahal and Finance Minister Dr Prakash Sharan Mahat had stated that the Nepal Rastra Bank should loosen its tight monetary policy.

The data unveiled by Nepal Rastra Bank on  the current macroeconomic and financial situation of Nepal based on eight months’ data ending mid-March 2023 on Tuesday  show that major indicators of the country’s economy are improving.  Especially, remittances and status of balance of payment are strengthening.

The government’s positive responses to tackle the financial crisis facing the country and Rastra Bank’s data showing economic improvement have had a positive impact on the NEPSE today, say knowledgeable people. 

A total of 262 scrips traded hands via 35,237 transactions. A total of 3,315,720 shares exchanged hands with a turnover amount of Rs 94.52 crores. This is higher than the last trading day's turnover of Rs. 91.19 Crores.

Shivam Cements Limited SHIVM) had the highest turnover of Rs. 7.1 crores closing at a market price of Rs. 400 per share. The shares of PRVU traded the most.

Kalinchowk Darshan Limited (KDL) gained the highest 10% and hit the positive circuit for the day. Conversely, Sanima Middle Tamor Hydropower Limited (TAMOR) lost the highest 3.54% today.

All sub- indices closed in the green zone.  "Manufacturing and Processing" gained the highest 3.28%, while "Non-Life Insurance" gained the least 0.76% today.