Kathmandu, July 20 -- The Nepal Stock Exchange (Nepse) Index inched up by just 0.32 points to close at 2,870.95, marking a negligible gain of 0.01 percent on Sunday.

Despite positive movement in select sectors like insurance and tourism, selling pressure in banking and finance weighed down overall market performance.

The total turnover stood at Rs21.46 billion with 51.65 million shares changing hands. Of the traded stocks, 105 advanced while 144 declined and none remained unchanged.

The banking sub-index plunged by 1.38 percent to 1,521.91 points, while the finance index saw the biggest fall of the day, shedding 2.26 percent to close at 2,583.35.

The manufacturing and processing index also fell sharply by 1.12 percent. The microfinanc...