November 8: The Nepal Stock Exchange(NEPSE) Index gained a minimal 5.17 points or 0.27%, closing at 1863.94 points on the fourth trading day of the week, Wednesday.

The secondary benchmark index has recorded gains for the third consecutive day. However, despite the index's upward trajectory, the turnover amount decreased compared to yesterday.

Stock analysts and investors attribute today's market rise to a decrease in the prices of listed stocks, making them cheaper for buyers.

“The market will pick up the momentum if the interest rates on loan drop and regulators relax polices pertaining to the margin loans,” said one investor.

During today’s trading, as many as 288 scrips were traded in the market through 30,364 transactions. A total of 3,157,062 units of shares exchanged their hands, amounting to Rs 78 crores.

Sonapur Oils and Minerals And Oil Limited (SONA) had the highest turnover of 5.61 crores, closing at a market price of Rs 273 per share. Global IME Lagghubitta Bitiya Sanstha Ltd.(GILB) gained the highest 8.07%, while Corporate Development Bank(CORBL) lost the highest 6.38%.

In terms of sector indices, Manufacturing And Processing gained the highest 1.16%, while Hotels And Tourism Index lost the highest 0.64%.

Sensitive Index gained 0.05%, while Float Index and Sensitive Float Index gained 0.21% and 0.01% respectively.