Nepal Stock Exchange (Nepse) index crossed the psychological barrier of 1,500 points to close at 1,509 points on Sunday.The benchmark index, which opened at 1,499.32 points, logged double-digit growth on the first trading day of the week. Many attribute the stock market growth to excess liquidity in the market, better than expected results of commercial banks and insurance companies in the third quarter, and no better investment alternative. Insurance sub-index led the market to cross the record intra-day transaction and also lifted the benchmark index to a record high, according to stock market analysts. -
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