Why is Nepalese stock market Bullish Trend ?

Nov Thu 2020 05:59:55

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Why is Nepalese stock market Bullish Trend ?

NEPSE would be reach 1881 point soon 

The stock market bullishness means increased liquidity in banks and financial institutions and increased online stock trading.

While the corona is affecting the world, Nepal's capital market is seen in a bullish trend.

On the basis of transaction amount, a new history has been established in the capital market. A total of Rs 6.11 billion was traded on Thursday. Earlier, the turnover was up to Rs 4.85 billion.

Experts argue that there are about half a dozen reasons behind the current bullish trend in Nepal's capital market.

Banks and financial institutions now have more liquidity. At this time, the investment of banks and financial institutions has not been able to go elsewhere as expected. They are also investing in the stock market. At this time, the banks have reached the stage of giving loans on the security of shares by calling.

Banks have stepped up investments in the stock market as Corona weakens other investment sectors or fails to invest on time.

Experts argue that the market has broken its own record and set a new record. He argues that the market development has been hampered due to the previous leadership of the Ministry of Finance.