Kathmandu, April 6 -- The Nepal Stock Exchange (Nepse) index rebounded on Monday, the second trading day of the week, gaining 83.33 points (3.11 percent) to close at 2,760.02. However, turnover declined to Rs 10.92 billion from Rs 12.38 billion in the previous day, when the market had dropped 105.50 points to settle at 2,676.68.

Market analysts said gains supported by higher turnover typically signal stronger participation and more sustained growth.

Market capitalisation rose to Rs 4.692 trillion from Rs 4.550 trillion, adding Rs 142 billion in investor wealth.

The market has seen a sharp fall since the formation of the new government led by Balendra Shah, a senior leader of the Rastriya Swatantra Party, a party widely seen as market-f...