Bulls In Nepal: Triggering Aspects

NEPSE, whose history is not long, had to move around the index of starting point 100 since its establishment and operation in the year 1994. It was finally after 1999, the market started its bullish trend till it reached the peak of the index, making it 545.82 on November 23, 2000 - the 'First Bull Record' in Nepal's market. With 445.82 per cent of absolute return, NEPSE gained popularity in limited regions, basically within the capital. With positive hopes in the economy, investors looked for places to invest, leading to this first bull - where every ray of hope was positive. Despite ongoing civil war, there were positive hopes and it was believed that industries and manufacturing would shape the market sooner or later, taking the entire market to a new height.