Nepal Stock Market Gains Just 6% in FY 2082 — Will NEPSE Break Its Record in 2083?

Nepal’s stock market showed modest growth in fiscal year 2082, with the NEPSE Index rising only 6.42% to close at 2833 points, failing to surpass its previous all-time high of 3198. Market sentiment weakened during the year due to unrest linked to the Gen Z Protests in Nepal, which triggered a sharp decline in investor confidence.

Despite an increase in total market capitalization and the addition of new companies—many of which saw inflated secondary market prices—most investors experienced minimal returns.

Looking ahead to FY 2083, several positive factors such as lower interest rates, improved liquidity, supportive regulatory policies, and strong macroeconomic indicators (including remittance inflows and foreign reserves) could drive the market upward. However, experts caution that political stability, investor psychology, and banking sector challenges will play a crucial role in determining whether the market can break past records.