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The Nepal Stock Exchange (NEPSE) plunged by 21. 97 points to close at 1,973.38 points on Wednesday. Similarly, the sensitive index dropped by 4.  36 points to close at 384. 59 points. A total of 2,992,873 unit shares of 224 companies were traded for Rs 1. 12 billion. Meanwhile, RBB Mutual Fund 1 was the top gainer today with its price surging by 1. 97 percent. Likewise, Himalayan Power Partner Limited was the top loser with its price dropped by 6. 86 percent. At the end of the day, the total market capitalization stood at Rs 2. 83 trillion.

The price of gold has dropped by Rs 800 per tola in the domestic market on Wednesday. According to the Federation of Nepal Gold and Silver Dealers' Association, the yellow bullion is being traded at Rs 94, 000 per tola today. It was traded at Rs 94, 800 per tola on Tuesday. Meanwhile, tejabi gold is being traded at Rs 93, 500 per tola. Similarly, the price of silver has decreased by Rs 15 and is being traded at Rs 1,130 per tola today.

Business tycoon Gautam Adani is now the world’s third-richest person after surpassing Louis Vuitton's Bernard Arnault on the Bloomberg Billionaires Index, IndiaToday reported. The latest listing on the Bloomberg Billionaires Index shows Gautam Adani in the third spot, behind Amazon's Jeff Bezos and Tesla's Elon Musk. Gautam Adani's net worth has been pegged at USD 137B, followed by Bernard Arnault at USD 136B. According to reports, this is the first time a person of Asian origin has broken into the top three of the Bloomberg Billionaires Index.

The Nepal Stock Exchange (NEPSE) gained 2. 33 points to close at 1,995.34 points on Tuesday. Similarly, the sensitive index surged by 1. 49 points to close at 388. 95 points. A total of 2,914,505 unit shares of 226 companies were traded for Rs 1. 01 billion. Meanwhile, Upper Hewakhola Hydropower Company Limited was the top gainer today, with its price surging by 8. 45 percent. Wean Nepal Laghubitta Bittiya Sanstha Limited was the top loser as its price fell by 4. 77 percent. At the end of the day, total market capitalisation stood at Rs 2. 86 trillion.