The Nepal Stock Exchange (Nepse) benchmark index fell 2% in a broad-based sell-off, erasing approximately Rs 80 billion in market capitalization.
The decline was universal, with all 13 sectoral indices posting losses as trading volumes remained steady despite the downward pressure.
The rout reflects weakening investor confidence driven by ongoing investigations into the capital market.
Rather than isolated weakness in specific stocks, the uniform drop across sectors suggests a systemic risk-off posture among local investors.
The steady volume indicates that the selling was not merely a lack of buyers, but active distribution by holders seeking to reduce exposure.
This development adds to a broader pattern of volatility in emerging Asian equity markets.