NEPSE is at an all-time high at 2374.64 points, but the banking index is down

Jan Thu 2021 06:26:38

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NEPSE is at an all-time high at 2374.64 points, but the banking index is down

Kathmandu. The last trading of the year on Thursday, the Nepse index increased by 32 points. The Nepse index has closed at 2374.64 points. Which is still high.

Overall, the bank's share price has declined despite the market rise. Share prices of Standard Chartered Bank, Machhapuchhre Bank, Sanima, Everest Bank, Global IME Bank, Century Commercial and other banks declined. Share prices of Krishi Vikas Bank, Prabhu Bank and others did not increase or decrease.

Investors in other sectors have also earned. However, investors in the banking sector lost on Thursday. Except for a limited number, the share price of most banks has declined. The banking index declined by 3.83 points on Thursday.

Analysts and investors are puzzled as to why banking declined as all sectors grew. Share analyst and former banker Anil Raj Bhattarai says he is surprised by the current market. He said that there was no reason for the banking sector to decline or grow.