Nepali Congress Chief Whip Expresses Concern Over Stock Market Decline

Kathmandu. Nepali Congress Chief Whip in the National Assembly, Krishna Bahadur Rokaya, has expressed serious concern over the current state of the stock market and drawn the government's attention to the issue. Speaking during the zero hour of Monday's National Assembly session, MP Rokaya claimed that the government's own actions have created an environment of fear in the market, increasing the risk of large investors fleeing.

He noted that the continuous decline in the stock market is sending a negative message to investors and demanded that the government take immediate special measures to halt this trend. Rokaya stated that while there was initial enthusiasm among industrialists and businesspeople following the formation of a new and strong government, recent government actions have left them apprehensive.

He argued that the government's recent actions against industrialists and businesspeople have created a narrative that the capital market can no longer recover. Citing an analysis by the Stock Brokers Association, he attributed the consistent sharp decline in the NEPSE index to this negative sentiment and fear.

According to MP Rokaya, stock market investors have recently lost approximately 300 billion rupees. He warned that the prevailing fear and uncertainty, which could lead to large businesspeople exiting the market, would be detrimental to the economy.

He urged the Government of Nepal to take this matter seriously and create an environment that restores confidence in the market.