KATHMANDU, March 16 -- Nepal Stock Exchange (NEPSE) added 50.32 points last week, with the banks stepping up to reduce their interest rates from mid-March.

The market, which had been in bearish trend for the past few weeks, started to show its comeback after the formation of a new government. In the previous week, the index increased by around 58 points.

Last week, the market opened at 2,030.55 points on Sunday and closed at 2,080.87 points on Thursday. During the four days of trading due to a public holiday on Monday to mark the Gyalpo Lhosar, the market went as high as 2,123.91 points while it plunged to as low as 2,032.58 points, witnessing a volatility of 148.24 points.

The market started the week with a notable gain of 22.10 point...