The NEPSE index, which experienced its first drop post-Dashain on Sunday, October 20, declined further on Monday, falling 57.99 points to close at 2,639.92.
It had decreased by 47.44 points the previous day and closed at 2,697.91 points.
Last week, NEPSE rose by 77.17 points over the three consecutive trading days following the Dashain holidays.
The daily turnover, which rose to Rs 8.18 billion on Sunday despite the decline in the index, saw its first drop post-Dashain. It was around Rs 5.90 billion on Monday.
Over 13 million shares were traded on the day across 72,425 transactions.
The Sensitive, Float, and Sensitive Float indices all closed in red, declining by 2.28 percent, 2.17 percent, and 2.29 percent, respectively.
Ngadi Group Power Ltd. (NGPL) became the biggest loser of the day, with its share price decreasing by 8.81 percent.
On the contrary, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) emerged as the day’s top gainer, with its share price rising by 9.98 percent, closely followed by Corporate Development Bank Limited (CORBL), which saw a 9.82 percent increase.
Similarly, Himalayan Reinsurance Limited (HRL) led in turnover, followed by Ngadi Group Power Ltd. (NGPL).
Of the 13 sub-indices, all closed in the red, with the Finance Index dropping the most by 3.38 percent.