Kathmandu- The Nepal Stock Exchange (NEPSE) closed 58.05 points lower (-2.19%) today, ending at 2,582.73 from an opening of 2,652.87. This drop comes right after yesterday’s big 26.10% rise, showing a sharp shift in market direction. The highest point of the day was 2,652.87, while the lowest was 2,581.32.

Sector Performance: All Sectors in Red

Every sector saw a decline today. Finance (-3.50%) suffered the biggest loss, which is surprising because it was the best-performing sector yesterday. The Hydropower sector (-3.31%) also fell sharply. On the other hand, Mutual Funds (-0.51%) saw the smallest decline.

The Sensitive Index, Float Index, and Sensitive Float Index also dropped, following the overall market trend.

Stock Movement: Most Stocks Declined

A total of 325 stocks were traded today. However, only 4 stocks managed to rise, while 240 stocks declined. This shows that the market was mostly negative.

Turnover & Volume: Increased Activity Despite Drop

Even though the market fell, trading activity increased. The total traded shares reached 11,155,955, and the total turnover was NPR 5.05 billion. The turnover volume also rose to 9,919,013. The total market capitalization stood at NPR 4.29 trillion.

What This Means ?

The drop in NEPSE suggests investors may have been selling after yesterday’s sharp rise. However, the increase in turnover and volume means trading activity is still strong. It will be interesting to see if the market recovers or continues to decline in the coming days. Active investor Arjun Bhujel shared his thoughts, saying, "The market is uncertain right now. After such big movements, it's hard to predict the next direction."