शेयरबजार

Multiple Hydropower and Hotel Issues Open in February The pipeline for new issues remains active; Suryakunda Hydro Electric Ltd is set to open its IPO on February 1, followed by Hotel Forest Inn Limited on February 5. Investors are increasingly shifting focus toward the primary market as the secondary market struggles to maintain a bullish […]

The Development Bank Index suffered the heaviest blow today, falling by 2.23%, followed closely by the Manufacturing and Processing sector, which dropped 2.12%. This sell-off occurred despite several development banks, including Mahalaxmi and Lumbini Bikas Bank, publishing strong second-quarter net profit reports earlier this morning.

While most sub-indices ended in negative territory, the Hydropower Index was a notable outlier, gaining 0.38% today. Ngadi Group Power Ltd. (NGPL) dominated the individual turnover chart, recording transactions worth Rs 59.99 crore, while Himal Dolakha Hydropower (HDHPC) led the gainers with a 9.23% surge.

Despite the index drop, trading activity remained robust with a total turnover of Rs 14.56 billion. A total of 35,477,939 shares were traded across 320 companies through 138,883 individual transactions, indicating that high-volume trading is persisting even during market corrections.

The benchmark NEPSE index closed in the red today, shedding 17.53 points (0.64%) to settle at 2,714.05. This reversal wiped out the modest gains from yesterday’s session, with the index fluctuating between a high of 2,742.53 and a low of 2,710.04 throughout the day.