After rising for eight consecutive trading days, the NEPSE index fell by 0.61 percent on Sunday, July 27, closing at 2,964.20 points.
It had touched an intraday high of 3,013.17 points before ending the session 18.44 points lower than the previous trading day.
The decline was attributed to profit booking, according to some brokers, who noted that the market may have entered a correction phase—something that could ultimately reinforce investor confidence and support sustainable market growth.
The Sensitive Index also dropped by 0.63 percent amid selling pressure in large-cap stocks.
Out of the traded companies, 186 declined while 63 advanced.
Despite the broader market dip, three companies posted notable gains. Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) and Trade Tower Limited (TTL) hit the upper circuit limit, while Sanvi Energy Limited (SANVI) surged 9.98 percent.
Meanwhile, Narayani Development Bank Limited (NABBC) was the day’s biggest loser, falling 5.6 percent.
Daily turnover crossed Rs 26.57 billion, up from Rs 18.49 billion last Thursday, with over 58.6 million shares traded.
Shivam Cements Ltd (SHIVM) topped the turnover chart, with transactions exceeding Rs 1.02 billion.
Among sectoral indices, eight ended in negative territory. The Trading Index posted the highest gain at 1.44 percent, while the Finance Index registered the steepest fall at 1.99 percent.
Total market capitalisation declined to Rs 4,946.20 billion from Rs 4,977.04 billion last Thursday.
