Expert Speak: What can be the reason behind such volatile NEPSE index during last few days?
Sun, Aug 2, 2015 12:00 AM on Experts Speak,
ShareSansar, August 2:
Priya Raj Regmi
Chairman, Stock Broker Association
The market went up due to the monetary policy issued by NRB directed banks and financial institutions (BFIs) to hike their paid-up capital fourfold in two year which brought positive hope for the investors. Later correction was seen in the NEPSE index as the short term investors tried to sell their shares to secure profit.
Bharat Ranabhat
Managing Director, Kohinoor Investment and Securities Pvt. Ltd
A short term investment is the main reason behind making the market volatile. Selling pressure by short term investors in order to book profit led the market to correction.