September 11: The Nepal Stock Exchange(NEPSE) Index gained 44.30 points or 2.28% and closed at 1986.99 points on the second trading day of the week, Monday.

Stock market experts and seasoned investors say that the NEPSE registered the massive gains as the market has come down to the bottom or buying zone.

The government decision to allow the local levels’ 60% fund to be counted as deposits has had positive effect on the market, investors say.

During today's trading, a total of 278 scrips exchanged their hands through 37,799 transactions.  A total of 4,742,511shares were traded, amounting to Rs. 1.51 billion.

Salt Trading Corporation (STC) recorded the highest turnover of Rs. 6.25 crores and closed at a market price of Rs. 5,700.

Similarly, Three Star Hydropower Limited (TSHL) gained the highest 9.98%, followed by Menchhiyam Hydropower Limited (MCHL) with 9.97%.

Meanwhile, Siddhartha Investment Growth Scheme - 2 (SIGS2) lost the highest 7.43% today.

In terms of sector indices, all indices closed green with Hotel and Tourism Index gaining the most among the indices with a positive gain of 3.45 percent.

Sensitive Index increased by 2.06%, while Float Index and Sensitive Float Index surged by 2.37% and 2.26% respectively.