Kathmadnu, March 31 -- day decline of 118 points, the Nepal Stock Exchange (Nepse) index posted a modest recovery on Tuesday, gaining 19.70 points (0.69 percent) to settle at 2,851.09. However, daily turnover reduced to Rs 11.11 billion from Rs 12.96 billion in the previous session, signaling weak market participation.

The market closed at 2831.39 points. Market capitalisation rose to Rs 4.84 trillion from Rs 4.81 trillion, adding around Rs 30 billion in investor wealth. Free float market capitalisation also increased to Rs 1.63 trillion from Rs 1.62 trillion.

The index opened at 2,831.36, hitting an intraday high of 2,860.55 and a low of 2,788.84. A total of 27,942,777 shares of 339 companies were traded through 137,857 transactions. ...