November 7: The Nepal Stock Exchange(NEPSE) Index recorded gain on the second consecutive second day as well on the third trading day of the week, Tuesday. The secondary benchmark index gained 11.21 points or 0.60%, closing at 1858.76 points today.

Stock market experts and analysts attributed to the today’s rise to the current sharp fall, which brought the index to a crucial support zone. “The market will pick up the momentum if the interest rates on the loan drop and Nepal Rastra Bank relaxes its policies related to the stock market,” said one investor.

During today’s trading, as many as 285 scrips were traded in the market through 40,600 transactions. A total of 4,331,229 units of shares exchanged their hands, amounting to Rs 99.65 crores.

Himalayan Bank Limited Promoter(HBLPO) had the highest turnover of 9 crores, closing at a market price of Rs 300. Laxmi Laghubitta Bittiya Sanstha Ltd. (LLBS) gained the highest 8.16%, while Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) experienced the highest loss of 8.26%, closing at a market price of Rs 955.

In terms of sector indices, all sectors, except Non-Life Insurance, closed in the green territory.  Investment Index gained the highest 1.51%, while Banking Subindex gained the least 0.20%.

Sensitive Index gained 0.60%, while Float Index and Sensitive Float experienced a gain of 0.48% and 0.61% respectively.