Kathmandu, May 27 -- The Nepal Stock Exchange (NEPSE) index registered a modest gain of 0.85 points on Tuesday, closing at 2,675.62. This marginal rise marks a 0.03 percent increase compared to Monday's session, when the index had declined by 5.21 points.

Despite the slight improvement in the index, overall market turnover declined significantly. A total of 14.3 million shares were traded through 59,633 transactions, generating a turnover of Rs6.52 billion. This is down from Rs7.56 billion recorded on Monday.

Among the 85 companies whose share prices increased, the market saw 161 decline, indicating cautious investor sentiment.

Out of 13 subgroups, indices for finance companies, hotels & tourism, investment, life insurance, microfinanc...