Kathmadnu, March 23 -- The Nepal Stock Exchange (Nepse) index surged by 5.01 points (0.17 percent) on Monday, the second trading day of the week, closing at 2936.56 points. However, total turnover declined to Rs 15.78 billion from Rs 23.59 billion in the previous session. In the previous session, the benchmark index closed at 2931.55 points.

The market continued to rise for the fourth consecutive day, rising by 137.72 points (4.84 percent) over the period. In the past 10 days, the index climbed by 328.97 points (11.84 percent), although it declined by 104.93 points (3.67 percent) for three days (March 10, 11 and 16) during the period.

On March 9, the market hit the upper circuit limit of six percent, triggering the trading halt for the ...