Nepal’s stock market posted a modest gain on Tuesday, Ashwin 27, 2083. The Nepal Stock Exchange (NEPSE) index increased by 4.12 points to close at 2,599. Share prices of 104 companies advanced, while 167 companies recorded declines.

During the session, shares of 351 companies were traded, with approximately 13.55 million shares changing hands. Total turnover exceeded Rs 4.73 billion.

Ghalemdi Hydropower recorded the highest turnover, with shares worth Rs 364.7 million traded. Mountain Energy followed with Rs 259.7 million, while Kumari Bank recorded turnover of Rs 253.7 million.

Sagarmatha Hydropower emerged as the top gainer, rising 12.44%. Units of Nepal Life Samriddhi Investment Scheme gained 4.62%, while NIC Asia Growth Fund 2 increased by 4.57%.

On the losing side, Snow Rivers recorded the steepest decline, with its share price falling 15%. Despite the gains in the benchmark index, declining stocks outnumbered advancing stocks, indicating mixed market sentiment.