The Nepal Stock Exchange (Nepse) Index inched up by just 0.32 points to close at 2,870.95, marking a negligible gain of 0.01 percent on Sunday.

Despite positive movement in select sectors like insurance and tourism, selling pressure in banking and finance weighed down overall market performance.

The total turnover stood at Rs21.46 billion with 51.65 million shares changing hands. Of the traded stocks, 105 advanced while 144 declined and none remained unchanged.

The banking sub-index plunged by 1.38 percent to 1,521.91 points, while the finance index saw the biggest fall of the day, shedding 2.26 percent to close at 2,583.35.

The manufacturing and processing index also fell sharply by 1.12 percent. The microfinance index dipped marginally by 0.02 percent.

Meanwhile, the hotels and tourism index gained 1.24 percent, and Life Insurance rose by 1.40 percent. The non-life insurance Index jumped by 1.37 percent, while the others index surged by 3.36 percent, making it the highest gainer among the sub-indices.

Top gainers included Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (Uslb) and Sanvi Energy (Sanvi), both hitting the 10 percent positive circuit, closing at Rs2,075.80 and Rs394.90 respectively.

Other notable gainers were Trade Tower Limited (Ttl), Shiva Shree Hydropower (SSHL) and Bindhyabasini Hydropower (Bindhyabasini Hydropower Development Company Limited (Bhdc).

On the flip side, Samriddhi Finance Company Limited (Sfcl) dropped the most, losing 8.88 percent to close at Rs504.58. Other major losers were 12 percent Goodwill Finance Limited Debenture 2083 (Gwfd83) and 10.25 percent Sunrise Bank Debenture 2083 (Srbld83) falling by 7.75 percent and 5.86 percent respectively.

Despite strong turnover and selective sectoral gains, the broader market remained indecisive amid mixed investor sentiment.