KATHMANDU, March 2 -- Nepal Stock Exchange (NEPSE) lost 33.74 points last week, after a number of banks were reported to have fallen into controversies for their involvement in financial misconducts.

After the central bank unveiled its mid-term review of monetary policy and the government announced the reduced budget size through the mid-term review, the market has dropped over 110 points in the past three weeks. Last week, the market was affected adversely with the issues related to commercial banks that hold heavy weight in the market transaction. The banking sub-index plunged 2.52 percent.

The market opened at 2,005.83 points on Sunday and closed at 1,972.09 points on Thursday. During the review period, the market went as high as 2,0...