NEPSE Drops For Second Straight Day: Index Falls to 2,744 with Rs 4.98 Billion Turnover

29th April 2026, Kathmandu

The Nepalese stock market continued its downward trend for the second day in a row, with the benchmark NEPSE index shedding 25.81 points (0.93%) to close at 2,744.45 points.

NEPSE Drops Second Straight Day

This follows a drop of 26.16 points in the previous trading session, signaling a cautious sentiment among investors.

Along with the index, the total market turnover also saw a significant contraction compared to the previous day.

Market Performance and Sectoral Movement

Out of the 13 sub-indices, only three managed to stay in the green today. The Trading sector emerged as the top gainer with a 1.09% increase. On the flip side, major sectors experienced notable declines:

Manufacturing & Processing: Down by 2.24%

Hotels and Tourism: Down by 1.64%

Hydropower: Down by 1.45%

Non-Life Insurance: Down by 1.11%

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Turnover and Trading Volume

The trading activity slowed down significantly compared to Tuesday. A total of 12,134,360 shares from 351 companies were traded, amounting to a turnover of Rs 4.98 billion.

For comparison, the previous day recorded a higher turnover of Rs 6.53 billion with 14,018,920 shares changing hands.

Individual Gainers and Losers

The market breadth remained weak as the vast majority of listed companies saw their share prices drop.

Advancers: 30 companies

Decliners: 235 companies

Unchanged: 4 companies

Despite the overall bearish trend, Corporate Development Bank stood out as the top performer of the day, with its share price surging by a remarkable 13.81%.

Investor Outlook

The consecutive decline and the reduction in turnover suggest that investors are currently adopting a “wait and watch” approach. Market analysts point toward profit-booking and minor liquidity adjustments as possible reasons for this short-term correction after the recent bullish runs in the Nepalese market.

For more: NEPSE Drops Second Straight Day