The stock market dropped by 9.99 points

The stock market dropped by 9.99 points, while the market index, Nepse remained at 2,738 on Sunday. The trading volume increased slightly. 

In comparison to 8.54 billion on Thursday, a total of 8.83 billion rupees worth of transactions was done. The prices of 63 companies increased, while 178 companies declined and 3 remained stable. Development Bank rose by 4.5%. The trade group also saw a 9% increment, with a significant rise in the value of Vishal Bazar Company, which contributed to the high growth in the trade group.

The banking sector decreased by 1.47%, finance by 2.96%, hydropower by 1.14%, investment by 1.15%, life insurance by 1.35%, manufacturing by 0.57%, microfinance by 0.92%, non-life insurance by 0.01%, and other sectors by 1.35%. On the other hand, the hotel and tourism group increased by 0.30%.

Apart from Vishal Bazar Company, the value of Corporate Development Bank, Sindhu Development Bank, Green Development Bank, and Sapta Koshi Development Bank rose by 10%. 

The price of Janaki Finance dropped by 10%, while Nepal Finance decreased by 9.1%, Upkar Microfinance by 5.4%, Life Insurance Corporation by 4.6%, and Manushi Microfinance by 4.1%. Based on trading volume, Excel Development Bank, NRN Infrastructure, Nepal Finance, Miteri Development Bank, and Ngadi Group Power were at the front.