Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has raised concerns over the fluctuating share market.

The finance minister visited the Nepal Stock Exchange (NEPSE) office in Bhadrakali on Wednesday, questioning why the stock market remained unstable.

"Not long ago, NEPSE had crossed 3,000 points with average daily transactions of Rs 30 billion, but now the index stands at 2,570, with transactions reduced to Rs 5-6 billion. Why is it experiencing such volatility?" he asked.

Paudel noted that despite political stability providing positive signals to the capital market, the current bearish trend warrants thorough analysis.

"We have a strong and stable government, and interest rates at banks and financial institutions have decreased. Yet, the market, which once reached 3,000 points, is not stable. I want an explanation," the Finance Minister emphasized. He directed the relevant authorities to ensure the capital market remains sustainable, credible, and technologically advanced.

NEPSE offiials were also instructed to remain vigilant against undesirable practices like insider trading in the stock market.

Senior officials of the finance ministry accompanied the Finance Minister during the inspection visit to NEPSE. -- RSS