Kathmandu. On the first day of the new fiscal year, 2077 BS, the Nepse index has risen by double digits and the stock market has risen.

The Nepse index has increased by 32.42 points as compared to yesterday and reached the height of 1394.77 points.

Due to the contraction in the credit flow of the banks, the interest rate of savings has come down to a very low point due to excessive liquidity. These subgroups have risen due to buying pressure on banks and development banks.

There was a lot of brilliance in the life insurance group. The group gained 131.15 points.

Similarly, 40.99 points in banking group, 13.91 points in trade group, 12.26 points in hotels group, 60.05 points in development bank group, 9.92 points in hydropower group, 16.82 points in finance group and 79.37 points in non-life insurance group. The points, production and processing group increased by 45.55 points, the other group by 6.79 points, the microfinance group by 6.48 points and the mutual fund group by 0.03 points.

Most trading companies

Of the 180 companies listed on Nepse, 29,14,518 shares were traded at Rs 1.417 billion.

On this day, Nepal Reinsurance Company and NMB Bank had high turnover. The reinsurance company's turnover was Rs 94.1 million and NMB Bank's was Rs 82.7 million.

Similarly, NIC Asia Bank Rs 56.8 million, Nepal Life Insurance Rs 35.8 million, Nabil Bank Rs 34 million, Global IME Bank Rs 25.1 million, Nepal Bank Limited Rs 23.3 million, Self-Employed Microfinance Rs 223 million. The turnover was Rs. 1 million, Rs. 22.1 million for neighboring microfinance and Rs. 21.7 million for Shivam Cement.

Many gainers and losers

Today, the shareholders of NIC Asia Microfinance have earned a lot. The company's share price rose by about 10 percent on a positive circuit.

Similarly, the share price of Miteri Development Bank and Laxmi Bank has risen by 9 perce