The Nepal Stock Exchange (NEPSE) index surged 2.48 percent, or 62.29 points, on Tuesday, October 28, to close at 2,571.34. The market had earlier gained a modest 0.2 percent on Sunday, the first trading day after the Tihar holidays. Trading remained closed on Monday due to the public holiday for the Chhath festival.
Investor sentiment turned broadly positive, with 236 listed companies advancing, 12 declining, and two remaining unchanged.
Turnover soared to Rs 4.57 billion, up sharply from Rs 2.66 billion in the previous trading day. More than 9.2 million shares were traded through 47,094 transactions, reflecting renewed investor activity.
Key indicators also showed strong momentum: the Sensitive Index rose 2.74 percent, the Float Index gained 2.83 percent, and the Sensitive Float Index climbed 2.93 percent.
Among individual stocks, Nyadi Hydropower Limited (NYADI) led the gainers, hitting the upper circuit to close at Rs 396 per share. It was followed by Butwal Power Company Limited (BPCL), which rose 9.99 percent, and Excel Development Bank Ltd (EDBL), which gained 9.98 percent.
On the losing side, Himalayan Power Partner Ltd (HPPL) dropped 6.36 percent to close at Rs 515 per share.
Of the 13 sectoral indices, only the Trading Index closed lower, down 0.76 percent. The Development Bank Index posted the strongest rise, up 4.47 percent, followed by Hydropower (3.90 percent), Life Insurance (3.55 percent), Investment (3.19 percent), and Finance (3.14 percent). The Manufacturing and Processing Index rose the least, at 0.37 percent.
Total market capitalisation jumped to Rs 4,298.60 billion from Rs 4,194.45 billion Sunday.
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