Himal Press 
KATHMANDU: The Nepal Stock Exchange (Nepse) index plunged 41.78 points and closed at 2,833.57 points on Tuesday, as the market reversed course after a brief rebound in the previous session.
The drop follows Monday’s modest gain of 16.46 points, which had sparked hopes of a recovery among investors. However, renewed selling pressure led to declines in the prices of 204 listed companies, while only 46 scrips posted gains.
Turnover also continued to weaken, with total trading volume falling to Rs 9.33 billion, down from Rs 10.82 billion on Monday. A total of 2.22 million units were traded through 130,953 transactions during the session, marking a notable decline in both turnover volume and trading activity.
Himalayan Reinsurance Ltd led the turnover chart, with shares worth Rs 392.86 million traded on Tuesday. Trade Tower Ltd and Shivam Cements followed with turnovers of Rs 370.02 million and Rs 332.88 million, respectively.
Except for Microfinance and Mutual Fund sub-indices, which posted nominal gains, all other sectoral indices ended the session in the red. The biggest loss came from the Others sub-index, which fell by 2.76%. Development Bank sub-index was down by 2.46%, while Finance and Trading sub-indices ended the session 1.85% lower each.
