Kathmandu, June 22 -- The Nepal Stock Exchange (NEPSE) index fell by 32.93 points on Sunday, marking its fourth consecutive decline. The index drop reflects ongoing bearish sentiment in the market, which has been in retreat since last Tuesday.

A total of 87,302 transactions took place, resulting in a turnover of Rs9.14 billion. Out of the traded companies, share prices of only 23 increased while 225 saw a decline.

All trading subgroups closed in negative territory, including hotels and tourism, hydropower, and life insurance. The overall downturn was led by a broad sell-off across sectors.

Despite the gloomy market trend, a handful of stocks posted gains. Joshi Hydropower Development Company rose by 9.98 percent, followed by Saptakoshi...