Nepal, April 22 -- The stock market continued its downward trend on Tuesday as the NEPSE index dropped by 9.96 points, closing at 2,688.32. The total trading turnover for the day stood at Rs 8.32 billion, lower than Monday's Rs 8.77 billion.

The market decline was mainly driven by a fall in the indices of most subgroups, excluding hotel and tourism, manufacturing and processing, and others. Investment companies faced the steepest decline, down by 1.87 percent, followed by trading (-1.65 percent) and development banks (-1.61 percent).

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