Kathmandu: The Nepse index has increased by 25.82 points and reached 2611.10 points. Shares worth over Rs 4.35 billion have been traded. More than 98.18 million shares have been bought and sold.

All but two of the group's indicators are green. Trading, hydropower and other groups are more prominent. The price of three companies has gone up and the circuit has started. NCC Bank is in the forefront with more than Rs. 309.6 million in purchase and sale amount. Shivam is second and Himalaya Power Partner is third.

 Analysts say that the market is now moving towards gradual growth after completing its correction cycle. The market is expected to be positive as the financial statements of listed companies have made good profits on average.

At this time, the stock market has become a good option for investment. It is believed that this will also help in creating a positive atmosphere in the market. Even more important is the fact that the share prices have become very cheap due to the big correction in the market. As the price is cheaper, the attraction of investors in short, medium and long term is likely to increase.

 Earlier, traders had secured share sale profit by looking at technical tools after hitting above 2700 points. Meanwhile, news of the corona infection and lockdown became public. It also pushed the market further down. The general investors also got some panic. But now that the market has completed its correction lines, analysts say it is back on track.

Now, they are saying that Nepse will reach new heights. There are analyzes that Nepse can move forward by overcoming some corrections, not all at once.