KATHMANDU, July 20 -- Stocks opened Tuesday's session in green with the benchmark Nepal Stock Exchange (Nepse) index trading briefly above 3,000 mark in the morning. The market saw some volatility in the first half of the session gyrating between 2,980 and 3,000 mark but a correction towards the closing hours dragged the index in negative territory. At Tuesday's close, Nepse was down 9.01 points at 2,985.57.

Following two sessions of gains, the equity market lost some steam as reflected by modest loss on Tuesday. However, turnover dipped slightly as the market is witnessing a short-term consolidation after a rise of around 200 points in the past couple of weeks. With earnings reports coming in from BFIs, the financials of individual comp...