The Nepal Stock Exchange (Nepse) Index fell sharply on Tuesday, dropping by 47.93 points to close at 2,954.14. This marks a 1.59 percent decline, reflecting widespread pressure across most sectors.

Of the total trading activity, shares of 327 companies were exchanged with a volume of 36.41 million shares traded across 141,520 transactions. The day’s total turnover reached Rs16.44 billion. 226 companies saw a decline while 23 companies advanced on Wednesday.

Despite the overall decline, the ‘Others’ subgroup stood out as the only sector to post gains, rising by 0.85 percent. All other sub-indices ended the day in negative territory, with development banks and microfinance experiencing the steepest losses.

Sanvi Energy Ltd and Trade Tower Ltd hit the upper circuit limit, while Green Development Bank Ltd’s share price tumbled by 8.4 percent, reflecting market volatility.

The day’s downturn underscores persistent investor uncertainty across financial sectors, with limited upward momentum outside a few isolated counters.