KATHMANDU, April 17 -- Stocks opened Tuesday's trading on a poised note and climbed above 1,190 points mark in the beginning hour. The Nepal Stocks Exchange (Nepse) index continued to see strength in the remaining trading hours and witnessed a surge mid-session that pushed the benchmark index over the crucial 1,200-point mark. Further rally toward the end saw the index close the day 23.33 points higher at 1,212.05 points.

Optimism has remained in the secondary market since the index rebounded from 1,100-point mark earlier in March. The index has posted gains of over 100 points in a span of one and half months. The broad rally on Tuesday was also supported by noteworthy turnover as over Rs 742 million worth of shares changed hands.

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