In a notable shift from recent gains, the NEPSE Index dropped by 50.73 points, or 1.88%, closing at 2,637.79. This decline reversed the previous session’s increase of 78.17 points.
The trading session began with the NEPSE Index at 2,698.52 points, reached a peak of 2,734.58 points, and fell to a low of 2,630.11 points before ending at 2,637.79 points.
The Hotel and Tourism Index also experienced a downturn, falling by 251.86 points, or 3.68%, to close at 6,575.42. This decline countered the previous session’s gain of 149.95 points.
The index started the day at 6,827.29 points, hit a high of 6,885.67 points, and dropped to a low of 6,555.07 points before closing at 6,575.42 points.
The market’s volatility reflects broader economic uncertainties, impacting key sectors including hospitality and tourism.
