NEPSE index is the indicator of investor confidence in share market. The end of two month-long parliament impasse has boosted the confidence of investors, said share analysts.
Gain in indices of different sub-sectors contributed to the impressing rise in NEPSE index on Tuesday.
Sub-indices of Banking and Development Banks shot up 13.61 points and 8.88 points to end at 711.03 points and 728.16 points respectively. Hydropower and Finance sub-sector also rose 12.46 points and 2.16 points to finish at 916.55 points and 677.53 points respectively at the end of the day.
Similarly, sub-indices of Insurance and Others groups also moved to green zone by 1.25 points and 3.52 points to edge up to 630.56 points and 655.59 points respectively as the day´s trading closed.
Sensitive index, which calculates Category ´A´ companies and Float Index, an indicator of performance of ordinary shares in the market, rose 1.13 points and 0.95 points to close at 65.69 points and 65.11 points respectively.
At the end of Tuesday´s trading, total market capitalization reached Rs 468.93 billion. A total of 74,501 shares worth Rs 41.87 million were traded Tuesday in 800 transactions.
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