The Nepse index is on a bull run since the first trading of the week even though there is no economic or technical fundamental to support its growth. Prolonged political transition has clipped lending capacity of banks and financial institutions (BFIs) and investors claim that the money is flowing into to the sharemarket.A total of 755,725 units of shares were traded in the market on Wendneday. Sub-indices of market leaders Banking, Hydropower and Insurance group shed values on the day. Rise in sub-indices of Development Banks, Finance and 'Others' groups drove the benchmark index upward during Wednesday's trading.
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