Kathmandu,. On Sunday (December 6), the first trading day of the year, a negative circuit has taken place in Nepse. Trading was closed for Sunday after Nepse fell 6 percent. The Nepse index has decreased by 123.34 points and reached 1932.11 points.

The turnover was over Rs 7.20 billion. It is estimated that the market has been badly affected after the Nepal Rastra Bank (NRB) asked to review the current arrangement of share pledge loan. Apart from this, the market is said to have declined due to negative rumors about continuous market improvement.

According to NRB sources, the NRB is preparing to reduce the margin lending limit by 10 percent for the time being as per the monetary policy review arrangement. So far, the margin limit is 70 percent. According to the source claim, it has now dropped to 60 percent.

However, if the capital market continues to grow, it should be reduced to 50 percent from the half-yearly review. "The standard margin for share margin is 50 per cent. But now it was preparing to reduce it by only 10 percent, 'the source said.

Indicators of all traded groups have declined. The other group declined the most at 9.13 percent.

Investors in Reliance Finance have earned the most on the day of market decline. Among the losers are investors in Deproc Microfinance.

Similarly, Nepal Reinsurance Company and Nepal Life Insurance still dominate most of the transactions. Shares of Reinsurance increased by Rs 1.16 billion and Nepal Life by Rs 449 million.