July 16: The Nepal Stock Exchange (NEPSE) Index experienced a substantial increase of 70.18 points, or 3.13%, surpassing the 2300 mark and settling at 2310.59 on Tuesday, the third trading day of the week.

During today's trading session, 315 scrips were traded through 119,011 transactions on NEPSE. A total of 25,836,285 units of shares were exchanged, resulting in a total turnover of Rs 9.13 billion.

Ngadi Group Power Limited (NGPL) led the turnover with a total transaction amount of Rs 21 crores. Five companies, including Sindhu Bikash Bank Limited (SINDU), Barun Hydropower Company Limited (BARUN), and Green Development Bank Limited (GRDBL), each saw their stock prices hit the positive circuit of a 10% increase for the day.

Conversely, the 10.5% Nepal Investment Debenture 2082 (NIBD2082), NIBL Growth Fund (NIBLGF), and the 11% L.B.B.L Debenture 2089 (LBBLD89) each lost 10% and hit the negative circuit for the day.

In terms of sectoral performance, all sectors closed in the positive territory except for Mutual Funds. The Hydropower Index and Development Index spiked by 5.45% and 4.94%, respectively. Mutual Funds witnessed a minimal loss of 0.42%.