Kathmandu, July 30 -- The Nepal Stock Exchange (Nepse) Index fell sharply on Tuesday, dropping by 47.93 points to close at 2,954.14. This marks a 1.59 percent decline, reflecting widespread pressure across most sectors.

Of the total trading activity, shares of 327 companies were exchanged with a volume of 36.41 million shares traded across 141,520 transactions. The day's total turnover reached Rs16.44 billion. 226 companies saw a decline while 23 companies advanced on Wednesday.

Despite the overall decline, the 'Others' subgroup stood out as the only sector to post gains, rising by 0.85 percent. All other sub-indices ended the day in negative territory, with development banks and microfinance experiencing the steepest losses.

Sanvi Ene...