May 16: From some time, investors have been in wait and watch mood in the stock market. Due to this, the market has not experienced significant growth or decline. 

The market has been continuously declining for the past 21 months. Investors are not interested to sell the shares at low prices at the bottom of the bearish market.  

The bearish trend has also discouraged buyers from purchasing shares at this price. As a result, turnover amount in the Nepal Stock Exchange (NEPSE) has decreased. Nepal Stock Exchange Limited (NEPSE) re-tested the index point at 1,807 and returned today. 

Earlier, the NEPSE had tested the same index point several times. Observing the market trend on Tuesday, it appears that the market tried to reverse.

Experts say that certain kind of policy-level change is necessary to inject confidence in the market when the market is at the bottom level. 

The NEPSE index witnessed a minimal increase of 0.18% or 3.29 points, and closed at 1821.60 points on the third trading day Tuesday. A total of 269 listed companies traded their hands through 18,889 transactions worth NPR 64.1 crores today. 

Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) gained the highest 9.99% and hit the positive circuit for the day. Conversely, Mai Khola Hydropower Limited (MKHL) lost all 10% today.

NIC Asia Bank Limited (NICA) had the highest turnover of Rs. 5.01 crores closing at a market price of Rs. 690 per share. The shares of HBL traded the most.

Only two sector indices closed red, "Non-Life Insurance" gained the highest 0.99%,  while "Others" lost the highest 0.89% today.

The sensitive index remained stable on Tuesday, while the float index increased by 0.23 percent, and the sensitive float index increased by 0.8 percent respectively.