KATHMANDU, Jan. 20 -- The Nepal Stock Exchange (Nepse) index opened in green in the morning but the index pulled back lower within first trading hour saw the index trade in the negative territory. Later on, the index managed to recover quickly and traded on the positive note in the latter hours of trading. At the end, the equity market closed at 2,342.77 points with a gain of 15.87 points.

With the day's gain, the stock market closed in the positive territory by erasing preceding day's losses.The market participation also remained upbeat with over Rs. 6.210 billion worth of shares being traded on the day.

Sub-indices closed the day on a mixed note. Life Insurance, Finance, Hydropower and Non-Life Insurance sub-index advanced 4.67%, 4.26...