Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The stock market posted a strong gain on Tuesday as investors responded positively to the nationwide filing of candidacies for the upcoming House of Representatives election, signaling expectations of political stability following the polls scheduled for Falgun 21 (March 5, 2026).
The benchmark NEPSE index surged by 42.26 points, or 1.58 percent, to close at 2,714.81 points. Market sentiment remained broadly positive throughout the session, with all sub-indices closing in positive territory.
Market analysts said the rally reflects growing investor confidence that the electoral process will move forward smoothly and pave the way for policy stability and economic continuity.
All sectoral indices recorded gains, with the hotel and tourism sub-index leading the market, rising by 3.36 percent. Investors also showed renewed interest in hydropower, finance, and infrastructure-related stocks, which saw notable price appreciation.
A total of 339 listed securities were traded during the session. According to market data, 115,181 transactions resulted in the exchange of 25,185,647 shares, while total turnover crossed Rs 11.85 billion, indicating strong trading activity.
Shares of Gurkhas Finance recorded the highest gain of the day, rising by the daily limit of 10 percent. Other notable gainers included Aankhu Khola Hydropower, Rapti Hydro, National Hydro, and NRN Infrastructure and Development, reflecting continued investor appetite for hydropower and infrastructure stocks.
On the downside, investors in SBL Debenture faced the largest loss, with the instrument declining by 4.23 percent. Prices of Prime Debenture, Super Madi Hydropower, Samling Power, and a few other securities also closed lower.
In terms of trading value, NRN Infrastructure and Development topped the turnover chart, emerging as the most actively traded stock of the day, underscoring sustained investor interest in large-cap infrastructure plays.
Market participants said Tuesday’s rally coinciding with the nomination filing process suggests that investors are factoring in a smoother electoral transition and reduced political uncertainty.
“With nominations underway nationwide, the market is pricing in expectations of a timely election and post-election stability,” a broker said.
If the electoral process continues without disruption, analysts believe investor confidence could remain supportive in the coming sessions, particularly in sectors linked to tourism, infrastructure, and long-term economic growth.
Your email address will not be published. Required fields are marked *
Comment *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
