NEPSE index rose by 114.70 points, or 4.57 percent, on Tuesday, October 1, to close at 2,623.56 points.
This marks a gain of 159.15 points in the past two trading sessions and the return of the index in the 2,600 threshold after five trading days.
Following a decline of 22.36 points on Sunday, the market had gone up by 44.45 points on Monday.
Tuesday's trading session also saw a surge in turnover amount in comparison to the previous session, from Rs 3.71 billion to Rs 7.62 billion.
Over 17 million shares were traded in the session across 96,906 transactions.
All major indices recorded gains, with the Sensitive, Float, and Sensitive Float indices rising by 4.31 percent, 4.60 percent, and 4.74 percent, respectively.
Eighteen companies hit the upper circuit limit for the day. Conversely, NMB 50 was the biggest loser, with its share prices declining by 3.86 percent.
In terms of turnover, NLG Insurance Company Ltd. (NLG) led the pack, followed by Himalayan Reinsurance Limited (HRL).
Sector-wise, all sub-indices ended positively, with the Finance Index posting the highest increase of 9.74 percent, while the Mutual Fund Index saw the smallest gain of 1.66 percent.