On Wednesday NEPSE Falls, Nepal’s stock market witnessed a sharp decline as share prices of 170 companies dropped in a single day.
Development Banks Take the Biggest Hit
Investors in Saptakoshi Development Bank and Green Development Bank suffered the most losses. These two banks recorded the steepest drop in share prices during the trading session.
Other Major Losers
Alongside the development banks, companies like Unnati Sahakarya, Himalayan Power, and a few others also saw a noticeable dip in their stock values, causing concern among their investors.
Market Sentiment Turns Negative
This marks a tough day for the market as more than half of the traded companies ended in the red. Investor confidence appeared shaken, with many choosing to stay cautious amid the broad sell-off.
