Nepal, July 2 -- Nepal Stock Exchange (NEPSE) on Wednesday escalated 34.42 points to close at 2,694.82 points.

The secondary market opened at 2,662.92 points and initially plunged to the day's low at 2.663.4 points before it surged to as high as 2,689.17 points in the midway of the four-hour trading time. The index, however, declined by 14 points in the next one hour. In the last one hour, the market again surged by around 19 points before it closed for the day.

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All the 13 groups were marked as the gainers. Life insurance added the largest of 362.68 points, followed by non-life insurance with 304.94 points and development banks with 126.95 points.

The se...