KATHMANDU: The Nepal Stock Exchange (NEPSE) plunged by 105.50 points (3.79%) on Sunday, the first trading day of the week, closing at 2,676.68.

The Sensitive Index also declined by 15.62 points (3.30%) to 457.61, while the Float Index and Sensitive Float Index dropped by 3.88% and 3.50%, respectively. A total of 345 companies were traded through 141,036 transactions, with 31.2 million shares exchanged, generating a turnover of Rs. 12.38 billion—significantly higher than the previous session’s Rs. 8.81 billion.

Market sentiment remained overwhelmingly negative, as share prices of 261 companies declined while only 7 posted gains, and all 13 sector indices closed in the red, led by notable losses in hydropower, development banks, and finance sectors.

Despite the broad downturn, four companies—Reliance Spinning Mills Ltd., Bhujung Hydropower Ltd., Ridgeline Energy Ltd., and Hotel Forest Inn Ltd.—hit the positive circuit limit with 10% gains, while Narayani Development Bank, Himalayan Reinsurance Ltd., and Bhugol Energy Development Company Ltd. suffered 10% losses. In terms of turnover, Himalayan Reinsurance led the market with Rs. 582.8 million worth of shares traded, whereas Kumari Bank recorded the highest trading volume with over 1.54 million shares traded at a closing price of Rs. 209 per share.