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Wednesday, October 20, 2021
    Nepal Stock ExchangeNEPSE NewsFollowing the monetary policy, the NEPSE plummeted by 24 points, with a...

    Following the monetary policy, the NEPSE plummeted by 24 points, with a total transaction value of more than Rs 21 billion

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    On Sunday, the first day after the Nepal Rastra Bank unveiled its monetary policy, the NEPSE index fell by double digits. On this day, the index fell by 24.57 points, limiting it to 3154.34 points.

    It is believed that the share market has declined as a result of monetary policy tightening the ceiling on loans secured by share certificates. The monetary policy allows for borrowing of up to Rs 120 million against share collateral.

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    On this day, the transaction amount has increased. A total of Rs 21.64 billion in shares have been traded. As monetary policy tightened its hold on equities securities, the number of investors trying to profit from the stock market’s decline has surged dramatically.

    On this day, shares of Jeevan Bikas Laghubitta, Union Life Insurance, Khani Khola Power have shown a positive circuit.

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    All other indices from the production processing, investment, and microfinance categories have fallen.

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