Kathmandu, May 20 -- The Nepal Stock Exchange (NEPSE) index witnessed a strong rebound on Monday, rising by 49.09 points to close at 2,677.45-an increase of 1.86 percent compared to the previous trading session.

A total of 229 companies saw their share prices rise, while 15 declined and one remained unchanged. The day's trading saw 73,054 transactions involving over 16.8 million shares.

The overall turnover reached Rs7.31 billion, signalling growing investor confidence across the board.

All sectoral sub-indices ended in positive territory, with the hotels and tourism sector gaining the most, up by 236 points, followed by the non-life insurance group, which added 215.54 points.

Shares of Sindhu Development Bank and Saptakoshi Developme...