KATHMANDU, July 25 -- The Nepal Stock Exchange (Nepse) index opened Sunday's trading on a positive note and traded more than 30 points higher in the morning. Despite a minor pullback in the first hour, stocks continued to see strength in the latter trading hours. A steady rise seen in stocks saw the benchmark post a gain of more than 54 points to close Sunday at 3,058.64.

The equity index climbed for a second straight day marking its maiden close above 3,050 mark. While the market awaits the monetary policy, investors are upbeat on the prospect of decent financial results from the listed companies. Banking stocks are in focus in the current juncture as such stocks are yet to see notable upward move compared to the other sectors of the bo...