January 8: The Nepal Stock Exchange (NEPSE) Index surged by 36.57 points or 1.80%, closing at 2059.49 during the second trading day of the week on Monday.

 Analysts and investors are optimistic, suggesting that the market may have completed its correction phase and is poised for an upward trend, fueled by excess liquidity in the banking system.

During today's trading session, a total of 309 scrips were exchanged through 99,524 transactions. The market turnover amounted to Rs 4.67 billion, involving 13,709,276 units of shares. Remarkably, Sonapur Minerals and Oil Limited (SONA) led the turnover with Rs 21 crores.

Singati Hydro Energy Limited (SHEL), Modi Energy Limited (MEL), Trishuli Jal Vidhyut Company Limited (TVCL), and Muktinath Krishi Company Limited (MKCL) each experienced a 10% increase, hitting the positive circuit for the day.

In terms of sector performance, all sectors, except for Mutual Funds, showed positive trends. Life Insurance led the gains with an impressive 3.72%, while Manufacturing and Processing posted a modest increase of 0.56%. Mutual Funds experienced a marginal loss of 0.01% during the trading session.