The Government of Nepal has declared a public holiday today, which falls on the 3rd of Ashwin, to commemorate ‘Constitution Day.’ As part of the holiday observance, the Nepal Stock Exchange Limited (NEPSE) will remain closed for trading. Normal trading activities on NEPSE will resume on Thursday, the 4th of Ashwin, 2080, starting at 11:00 AM.
Constitution Day holds significance as it marks the promulgation of the constitution, which was drafted by the representatives of the people through the Constituent Assembly. This historic event took place on Ashoj 3, 2072 BS. The current constitution represents the seventh written constitution of Nepal, with its primary objective being the establishment of socialism through the protection of citizens’ socioeconomic and cultural rights.