Kathmandu. Mutual funds and institutional investors have started selling shares of Nepal Infrastructure Bank (NEFRA). As soon as the market price reaches 600, such investors have started selling their shares.

Mutual funds acquire a large number of shares in the IPO as a reservation. The collective investment fund has started booking profit by selling the shares that will be sold in the market immediately like ordinary shares. Similarly, even large investors who buy at low prices have started booking shares by earning profit.

Shares of Nifra were sold up to 50,000 shares at a time on Sunday. The shares were sold by Agrawal Securities. Today, ABC Securities (Broker No. 17) has done the same transaction up to 10/10 lots three times.

Investment Management Nepal (Broker No. 53) has sold 15,000 shares in two transactions. Opel Securities has also sold 10,000 shares at a time.