Stock market opens with selling pressure and investor worries

The stock market started today with a clear selling trend. Investors around Tripureshwor, Teku, Sundhara, and Nayabazar seemed worried. Many felt the market was confusing and unpredictable. At Teku’s Service Securities, investors said shares are no longer concentrated in a few hands. More people are holding stocks now. But some worry the market may not hold after the recent rise of 53 points last week. One investor tried to calm others, saying small ups and downs are normal. At Sundhara Securities, the market kept falling. Investors discussed the reasons. Some said oversupply and IPOs from companies that cannot cover costs are pushing prices down. Others blamed government policies, like the high cost of embossed number plates. Some investors blamed unstable trading habits. One said a friend bought shares last week and sold them this week, adding to the market drop. Others noted that banks are offering share loans at low rates, which can encourage risky trades. At Bhrikuti Stock Broking, investors joked about the Dashain goat. They said earning from shares seemed impossible, and even the goat went to someone else. The mood was mixed between worry and humor as major companies like Nepal Reinsurance and Vishal Market Company also fell. Some investors wondered if politics played a role, noting that the Prime Minister was in China. Many agreed that for now, everyone is stuck and no one has exited the market safely. Investors said the market tricks everyone. A “bull” often turns out to be disappointing, like an April Fool. Most agreed the market might stay sideways for now but could recover after the Tihar festival. By the end of the day, the market had fallen further. Investors were left analyzing, joking, and planning for the next week.