Nepal Stock Exchange (NEPSE)

The Nepal Stock Exchange (NEPSE) is the sole stock exchange of Nepal, located in Kathmandu. Established in 1993, NEPSE facilitates the buying and selling of publicly traded securities, including stocks, bonds, and mutual funds. As of March 2024, NEPSE has over 200 listed companies across various sectors such as banking, insurance, hydropower, manufacturing, and others.

NEPSE operates under the regulation of the Securities Board of Nepal (SEBON), which is responsible for the development, regulation, and supervision of the capital market in Nepal. The exchange follows a fully automated trading system, ensuring transparency and efficiency in the trading process.

Importance of Stock Investing for Wealth Building

Investing in stocks through NEPSE can be an effective way to build wealth over the long term. Some key benefits of stock investing include:

  1. Potential for high returns: Historically, stocks have provided higher returns compared to other investment options like bonds or savings accounts. However, it's important to note that higher potential returns come with higher risks.
  2. Ownership in companies: When you buy stocks, you become a part-owner of the company. This allows you to participate in the company's growth and success.
  3. Dividend income: Many companies distribute a portion of their profits to shareholders in the form of dividends. This can provide a regular stream of income for investors.
  4. Diversification: Investing in a variety of stocks across different sectors can help diversify your portfolio and reduce overall risk.
  5. Liquidity: Stocks traded on NEPSE are relatively liquid, meaning you can buy or sell them easily when needed.

However, it's crucial to understand that stock investing also carries risks. The value of stocks can fluctuate based on various factors such as company performance, economic conditions, and market sentiment. Therefore, it's essential to educate yourself, assess your risk tolerance, and seek professional advice before making investment decisions.

In the following sections, we will delve deeper into the workings of NEPSE, the process of investing in stocks, and strategies for successful wealth building through stock investing in Nepal.

Key Digital Platforms for NEPSE Investors

Digital platforms have emerged as essential tools for NEPSE investors in recent years, providing them with real-time data, analysis, and educational resources. Two of the most popular platforms among Nepalese investors are Merolagani and Nepsealpha. Let's take a closer look at these platforms and their key features.

Merolagani

Merolagani is a comprehensive online platform that caters to the needs of NEPSE investors. Some of its key features include:

  1. Real-time stock prices: Merolagani provides live updates of stock prices, allowing investors to track the performance of their portfolios and make informed decisions.
  2. Market summaries: The platform offers daily market summaries, including top gainers, top losers, and most actively traded stocks, giving investors a quick overview of market trends.
  3. Company profiles: Investors can access detailed information about listed companies, including financial statements, dividend history, and key ratios.
  4. Portfolio management: Merolagani allows users to create and manage virtual portfolios, helping them track their investments and evaluate their performance.
  5. Investor forum: The platform features a vibrant investor community where users can share insights, discuss market trends, and seek advice from experienced investors.

Nepsealpha

Nepsealpha is another popular digital platform that provides a range of tools and resources for NEPSE investors. Some of its notable features include:

  1. Real-time data: Like Merolagani, Nepsealpha offers live stock prices and market data, enabling investors to stay updated with the latest market movements.
  2. Technical analysis tools: The platform provides advanced charting and technical analysis tools, allowing investors to identify trends, patterns, and potential trading opportunities.
  3. Fundamental analysis: Nepsealpha offers access to company financials, ratios, and other fundamental data, helping investors evaluate the intrinsic value of stocks.
  4. News and research: The platform aggregates relevant financial news and research reports, keeping investors informed about important developments that may impact their investments.
  5. Educational resources: Nepsealpha provides a range of educational materials, including articles, tutorials, and webinars, to help investors improve their knowledge and skills.

Both Merolagani and Nepsealpha have mobile apps, allowing investors to access market data and manage their portfolios on the go. These platforms have revolutionized the way NEPSE investors interact with the market, providing them with the tools and resources needed to make informed investment decisions.

However, it's important to remember that while these platforms offer valuable insights and analysis, they should not be relied upon as the sole basis for investment decisions. Investors should always conduct their research, consider their risk tolerance, and seek professional advice when necessary.

Analyzing Market Trends for Investment Opportunities

Analyzing market trends is crucial for identifying sectors and companies with strong growth potential. Digital platforms like Merolagani and Nepsealpha offer various tools to help investors evaluate past and current market trends. Here's how you can use these tools to identify investment opportunities:

  1. Sector-wise analysis: Use the sector-wise data provided by the platforms to compare the performance of different sectors over time. Look for sectors that have shown consistent growth or resilience during market downturns. For example, the hydropower sector has shown steady growth in recent years due to increasing demand for electricity and government support for renewable energy projects (Sharesansar, 2023).
  2. Company-specific data: Analyze the financial statements, ratios, and growth metrics of companies within promising sectors. Look for companies with strong fundamentals, such as consistent revenue growth, profitability, and low debt levels. Merolagani's company profile section provides comprehensive data for such analysis.
  3. Market sentiment: Use Nepsealpha's news and research section to gauge market sentiment and identify sectors and companies that are attracting investor interest. Positive news coverage and analyst recommendations can indicate potential growth opportunities.
  4. Technical analysis: Employ Nepsealpha's charting tools to identify sectors and stocks with positive momentum and bullish trends. Technical indicators like moving averages, RSI, and MACD can help spot potential entry and exit points.

Sectors with Recent Growth or Resilience

According to recent market data and expert analysis, some sectors that have shown growth or resilience in the past few years include:

  1. Banking: The banking sector has consistently performed well, driven by increasing financial inclusion, digital adoption, and economic growth (New Business Age, 2023).
  2. Microfinance: Microfinance institutions have shown resilience during the COVID-19 pandemic and have continued to grow, supported by strong demand for small-scale lending (Nepali Paisa, 2022).
  3. Insurance: The insurance sector has experienced steady growth, driven by increasing awareness and regulatory support for insurance products (Sharesansar, 2023).

Sectors to Watch in 2024-2025

Based on expert predictions and emerging trends, some sectors that could offer investment opportunities in 2024-2025 include:

  1. Tourism and Hospitality: As the global economy recovers from the pandemic, the tourism and hospitality sector is expected to rebound strongly, benefiting from pent-up travel demand and government initiatives to boost tourism (New Business Age, 2023).
  2. IT and Digital Services: The rapid digital transformation across industries is expected to drive growth in the IT and digital services sector, with increasing demand for software, e-commerce, and cybersecurity solutions (Nepali Paisa, 2023).
  3. Healthcare and Pharmaceuticals: The healthcare sector is expected to see sustained growth, driven by increasing healthcare spending, government investments in healthcare infrastructure, and the expansion of private healthcare providers (Sharesansar, 2024).

It's essential to remember that while these sectors show promise, individual companies within these sectors may perform differently. Always conduct thorough research and consider your risk tolerance before making investment decisions. Regularly monitor your investments and adjust your portfolio as needed to align with changing market conditions and your investment goals.

Investment Strategies for Different Market Conditions

Adapting your investment strategy to different market conditions is crucial for managing risk and optimizing returns. Here are some strategies to consider for various market scenarios:

Bullish Market Strategies

In a bullish market, characterized by rising stock prices and positive investor sentiment, consider the following strategies:

  1. Momentum Investing: Identify sectors and stocks with strong upward momentum and allocate a portion of your portfolio to these investments. However, be prepared to exit positions quickly if the trend reverses (Nepali Paisa, 2023).
  2. Sector Rotation: Shift your investments towards sectors that tend to outperform during bull markets, such as technology, consumer discretionary, and industrials (Sharesansar, 2024).
  3. Increased Equity Allocation: Consider increasing your allocation to equities, as they tend to offer higher returns during bull markets. However, maintain a diversified portfolio to manage risk (New Business Age, 2023).

Bearish Market Strategies

In a bearish market, characterized by falling stock prices and negative investor sentiment, consider the following strategies:

  1. Defensive Sectors: Allocate a larger portion of your portfolio to defensive sectors like healthcare, consumer staples, and utilities, which tend to be less sensitive to economic downturns (Sharesansar, 2023).
  2. Fixed Income and Cash: Increase your allocation to fixed-income securities, such as bonds, and cash equivalents to provide stability and reduce overall portfolio risk (Nepali Paisa, 2024).
  3. Hedging Strategies: Employ hedging strategies, such as investing in inverse ETFs or using put options, to mitigate potential losses during market declines (New Business Age, 2023).

Volatile Market Strategies

In volatile markets, characterized by rapid and unpredictable price movements, consider the following strategies:

  1. Rebalancing: Regularly rebalance your portfolio to maintain your target asset allocation, as volatile markets can quickly shift your portfolio's composition (Sharesansar, 2024).
  2. Averaging: Use dollar-cost averaging or value averaging to invest fixed amounts at regular intervals, which can help mitigate the impact of short-term price fluctuations (Nepali Paisa, 2023).
  3. Straddles and Strangles: For advanced investors, options strategies like straddles and strangles can be used to profit from volatility without predicting the market's direction (New Business Age, 2024).

Importance of Asset Allocation and Risk Management

Regardless of market conditions, it's crucial to maintain a well-diversified portfolio across various asset classes, sectors, and individual investments. This helps spread risk and reduces the impact of any single investment's performance on your overall portfolio.

Regularly assess your risk tolerance and adjust your asset allocation accordingly. As you approach your investment goals or your financial situation changes, consider rebalancing your portfolio to align with your current needs and objectives.

Long-Term Planning

While it's important to adapt your strategies to different market conditions, maintaining a long-term perspective is essential. Short-term market fluctuations are normal, and trying to time the market can be challenging and potentially costly.

Instead, focus on creating a well-thought-out investment plan that aligns with your long-term goals, and stick to it through various market cycles. Regularly review and adjust your plan as needed, but avoid making impulsive decisions based on short-term market movements.

Remember, successful investing requires discipline, patience, and a commitment to continuous learning. By understanding and adapting to different market conditions, employing sound risk management, and maintaining a long-term perspective, you can position yourself for success in your NEPSE investing journey.

Future Predictions for NEPSE and Impactful Factors

As we look ahead to the future of NEPSE, several factors are likely to shape the market's direction and present new investment opportunities. Let's explore some key aspects that could impact the NEPSE in the coming years:

Economic Indicators and Government Policies

Nepal's economic growth, inflation rates, and government policies will continue to play a significant role in the performance of NEPSE. Positive economic indicators, such as increasing GDP growth and controlled inflation, could boost investor confidence and drive market growth (Nepali Paisa, 2024).

Moreover, government initiatives to support specific sectors, such as infrastructure development, renewable energy, and tourism, could create new investment opportunities in related companies (New Business Age, 2023).

Global Market Trends

The NEPSE is not immune to global market trends and economic developments. Factors such as global economic growth, commodity prices, and foreign investment flows can impact the performance of the NEPSE (Sharesansar, 2024).

For example, a global shift towards sustainable investing and the increasing popularity of Environmental, Social, and Governance (ESG) investing could drive growth in companies with strong ESG practices (New Business Age, 2024).

Technological Advancements

Technological advancements are expected to continue shaping the future of NEPSE in several ways:

  1. Digitization of Financial Services: The increasing adoption of digital financial services, such as mobile banking and online trading platforms, could drive growth in the banking and fintech sectors (Nepali Paisa, 2023).
  2. Automation and Artificial Intelligence: The integration of automation and AI in various sectors, such as manufacturing and customer service, could lead to efficiency gains and cost savings, potentially benefiting companies that effectively adopt these technologies (Sharesansar, 2024).
  3. Blockchain and Cryptocurrencies: While the regulatory framework for cryptocurrencies in Nepal is still evolving, the potential adoption of blockchain technology in various sectors, such as supply chain management and financial services, could create new investment opportunities (New Business Age, 2023).

Regulatory Changes

Regulatory changes can significantly impact the NEPSE and investment opportunities. Some potential developments to watch include:

  1. Capital Market Reforms: Ongoing efforts by SEBON to improve market transparency, efficiency, and investor protection could boost investor confidence and attract more participation in the market (Sharesansar, 2023).
  2. Foreign Investment Policies: Changes in foreign investment regulations, such as easing restrictions on foreign ownership in certain sectors or introducing new investment vehicles, could open up new opportunities for international investors and drive market growth (Nepali Paisa, 2024).
  3. Sector-Specific Regulations: Regulatory changes in specific sectors, such as banking, insurance, or energy, could impact the performance of companies operating in these sectors and create new investment opportunities (New Business Age, 2024).

As an investor, it's essential to stay informed about these developments and adapt your investment strategies accordingly. Regularly monitor economic indicators, government policies, and global market trends, and consider seeking professional advice to navigate the evolving investment landscape.

Remember, while these factors can provide insights into potential future developments, the market is ultimately unpredictable, and past performance does not guarantee future results. Always conduct thorough research, assess your risk tolerance, and make informed decisions based on your financial goals and circumstances.

Digital Tools for Risk Assessment and Management

Digital platforms like Merolagani and Nepsealpha offer a range of tools to help investors assess and manage risk in their portfolios. By utilizing these tools effectively, investors can make more informed decisions and potentially mitigate losses. Let's explore some of the key digital tools available:

Volatility Indices

Volatility indices measure the market's expectation of volatility over a specific period. While the NEPSE does not have its volatility index, investors can refer to global volatility indices like the VIX (Volatility Index) to gauge overall market sentiment and risk levels (Investopedia, n.d.).

However, it's important to note that global volatility indices may not always directly correlate with the volatility of the NEPSE, given the differences in market size, liquidity, and other factors.

Stock Filters and Screeners

Stock filters and screeners allow investors to narrow down the universe of stocks based on specific criteria, helping them identify stocks that align with their risk profile and investment objectives.

Merolagani offers a Stock Screener tool that enables users to filter stocks based on various parameters such as market capitalization, sector, price-to-earnings ratio, and dividend yield (Merolagani, 2023). By using these filters, investors can identify stocks with lower volatility, strong fundamentals, and consistent dividend payments, which may be suitable for risk-averse investors.

Similarly, Nepsealpha provides an Advanced Stock Screener that allows users to apply multiple filters based on financial ratios, technical indicators, and other criteria (Nepsealpha, 2024). This tool can help investors identify stocks that meet their specific risk and return requirements.

Portfolio Analysis Features

Portfolio analysis tools help investors evaluate the risk and performance of their investment portfolios. These tools provide insights into portfolio diversification, risk exposure, and potential areas for optimization.

Merolagani's Portfolio Manager tool allows users to track their investments, analyze portfolio performance, and assess risk levels (Merolagani, 2023). The tool provides metrics like portfolio volatility, which measures the degree of price fluctuations in the portfolio, and asset allocation analysis to help investors maintain a well-diversified portfolio.

Nepsealpha's Portfolio Analyzer offers similar features, along with risk metrics like Value at Risk (VaR), which estimates the potential loss in the portfolio over a specific period at a given confidence level (Nepsealpha, 2024). This tool can help investors assess the downside risk of their portfolios and make informed decisions about risk management.

Risk Management Education and Resources

In addition to the above tools, Merolagani and Nepsealpha also provide educational resources and guides on risk management. These resources cover topics like diversification strategies, position sizing, stop-loss techniques, and risk-adjusted performance metrics (Merolagani, 2023; Nepsealpha, 2024).

By leveraging these educational resources, investors can enhance their understanding of risk management concepts and apply them effectively in their investment decisions.

Conclusion

Digital tools for risk assessment and management are essential for investors navigating the complexities of the stock market. By utilizing volatility indices, stock filters, portfolio analysis features, and educational resources available on platforms like Merolagani and Nepsealpha, investors can make more informed decisions, manage risk effectively, and work towards their financial goals.

However, it's crucial to remember that these tools are meant to supplement, not replace, thorough research and professional advice. Investors should always consider their unique financial circumstances, risk tolerance, and investment objectives when making decisions and seek guidance from qualified financial advisors when needed.

Educational Resources for Enhancing Investment Skills

Continuous learning is crucial for investors to stay informed, adapt to changing market conditions, and improve their investment decision-making skills. Various online resources, including webinars, tutorials, and articles, are available on investment platforms and third-party sites to help investors enhance their knowledge and skills. Let's explore some of these educational resources:

Investment Platform Resources

  1. Merolagani Learning Center: Merolagani offers a comprehensive Learning Center that features articles, tutorials, and webinars covering a wide range of investment topics. The content is categorized into beginner, intermediate, and advanced levels, catering to investors with different levels of experience (Merolagani, 2023).
  2. Nepsealpha Academy: Nepsealpha provides an educational platform called Nepsealpha Academy, which offers video tutorials, live webinars, and interactive courses on topics like fundamental analysis, technical analysis, and portfolio management (Nepsealpha, 2024).

Third-Party Educational Resources

  1. Sharesansar: Sharesansar is a popular financial news portal in Nepal that offers a dedicated "Education" section. This section includes articles, guides, and tutorials on various aspects of investing, such as market analysis, stock valuation, and risk management (Sharesansar, n.d.).
  2. Nepali Paisa: Nepali Paisa is another well-known financial website in Nepal that provides educational content for investors. Their "Learn" section covers topics like fundamental analysis, technical analysis, and investment strategies through articles and video tutorials (Nepali Paisa, n.d.).
  3. Investopedia: Investopedia is a globally recognized financial education website that offers a vast library of articles, tutorials, and videos on investing and financial markets. Their content covers a wide range of topics, including market analysis, fundamental and technical analysis, and portfolio management (Investopedia, n.d.).

Specific Topics for Skill Enhancement

  1. Market Analysis: To enhance market analysis skills, investors can explore resources that cover topics like economic indicators, market trends, and sector analysis. For example, Sharesansar offers a "Market Analysis" section that provides insights into the NEPSE, including market commentary, sector-wise analysis, and expert opinions (Sharesansar, n.d.).
  2. Fundamental Analysis: Fundamental analysis involves evaluating a company's financial health, growth prospects, and intrinsic value. Investors can improve their fundamental analysis skills by studying resources that cover topics like financial statement analysis, ratio analysis, and valuation methods. Nepali Paisa's "Learn" section offers tutorials on these topics (Nepali Paisa, n.d.).
  3. Technical Analysis: Technical analysis involves studying historical price and volume data to identify trends and make investment decisions. Investors can enhance their technical analysis skills by learning about chart patterns, trend lines, and technical indicators. Nepsealpha Academy provides video tutorials and courses on technical analysis (Nepsealpha, 2024).
  4. Investment Strategy Formulation: Developing a sound investment strategy is crucial for long-term success. Investors can benefit from resources that cover portfolio diversification, asset allocation, risk management, and investment philosophies. Merolagani's Learning Center offers articles and guides on these topics (Merolagani, 2023).

Conclusion

By leveraging the educational resources available on investment platforms and third-party sites, investors can continuously enhance their knowledge and skills in market analysis, fundamental and technical analysis, and investment strategy formulation. These resources offer a mix of formats, including articles, tutorials, webinars, and interactive courses, catering to different learning preferences and skill levels.

However, it's essential to approach these resources with a critical mindset and verify the information provided. Investors should always consider their unique financial circumstances and seek professional advice when making investment decisions. By combining continuous learning with practical application and a disciplined approach, investors can improve their skills and make more informed decisions in their NEPSE investing journey.

Keeping Up with Regulatory Changes and News

Staying informed about regulatory changes, economic news, and corporate announcements is crucial for investors to make well-informed decisions and adapt to the ever-changing market landscape. These factors can significantly influence market dynamics, asset prices, and investment opportunities. Let's explore the importance of staying updated and the various digital resources available to help investors stay informed.

Importance of Staying Informed

  1. Regulatory Changes: Regulatory bodies like the Securities Board of Nepal (SEBON) and Nepal Rastra Bank (NRB) introduce new regulations, guidelines, and policies that can impact the stock market and specific sectors. For example, changes in monetary policy, such as interest rate adjustments, can affect the cost of borrowing and influence market sentiment (Sharesansar, 2022).
  2. Economic News: Economic indicators, such as GDP growth, inflation, and employment data, provide insights into the overall health of the economy and can impact market performance. Staying informed about economic developments can help investors make decisions based on the prevailing market conditions (Nepali Paisa, 2023).
  3. Corporate Announcements: Company-specific news, such as earnings reports, mergers and acquisitions, and management changes, can significantly impact the stock prices of individual companies. Investors who stay updated on corporate announcements can make timely decisions to capitalize on opportunities or mitigate potential risks (Merolagani, 2022).

Digital Resources for Staying Informed

  1. Investment Platform News and Research: Digital investment platforms like Merolagani and Nepsealpha offer dedicated news and research sections that curate relevant market news, regulatory updates, and corporate announcements. These platforms often provide real-time news updates and expert analysis to help investors stay informed (Merolagani, 2023; Nepsealpha, 2024).
  2. Newsletters and Market Bulletins: Many investment platforms and financial media outlets offer newsletters and market bulletins that deliver the latest news, analysis, and expert opinions directly to investors' inboxes. Subscribing to these newsletters can help investors stay updated on critical market developments (Sharesansar, 2023).
  3. Regulatory Body Websites: Regulatory bodies like SEBON and NRB maintain official websites that publish circulars, notices, and press releases related to regulatory changes and market developments. Investors can regularly visit these websites or subscribe to their updates to stay informed about the latest regulatory changes (SEBON, n.d.; NRB, n.d.).
  4. Financial Media Outlets: Financial media outlets, such as Sharesansar, Nepali Paisa, and New Business Age, cover a wide range of market-related news and analysis. Following reputable financial media sources can help investors stay updated on broader market trends, economic developments, and expert opinions (New Business Age, 2023).

Integrating News and Analysis into Investment Decisions

While staying informed is essential, investors should be cautious about making impulsive decisions based on short-term news and market fluctuations. Instead, investors should integrate the information gathered from various sources into their overall investment strategy, considering their risk tolerance, financial goals, and long-term outlook.

Investors can use the news and analysis to:

  • Identify potential opportunities or risks in specific sectors or companies
  • Adjust their portfolio allocation based on changing market conditions
  • Reassess their investment thesis and make informed buy, hold, or sell decisions

However, it's crucial to verify the credibility of news sources and seek professional advice when needed. Investors should also be mindful of their emotional responses to news and maintain a disciplined approach to investing.

Conclusion

In today's fast-paced and information-driven market environment, staying informed about regulatory changes, economic news, and corporate announcements is essential for making sound investment decisions. By leveraging digital resources such as investment platform news and research, newsletters, regulatory body websites, and financial media outlets, investors can stay updated on the latest market developments and integrate this information into their investment strategies.

Conclusion: Maximizing NEPSE Investment Success

In the dynamic and evolving landscape of NEPSE investing, embracing digital platforms and continuously updating one's knowledge and strategies are key to maximizing investment success. Throughout this discussion, we have explored the various ways in which digital platforms like Merolagani and Nepsealpha can empower investors to make informed decisions, manage risk effectively, and seize potential opportunities.

To recap, investors should actively leverage digital platforms to:

  1. Conduct Thorough Research: Utilize the wealth of data and analysis available on digital platforms to research companies, sectors, and market trends. Fundamental and technical analysis tools can help investors identify potential investments that align with their goals and risk tolerance.
  2. Assess and Manage Risk: Employ risk assessment tools like volatility indices, stock filters, and portfolio analysis features to evaluate the risk profile of individual stocks and portfolios. Regularly monitor and adjust portfolio allocations to maintain a well-diversified and risk-balanced investment strategy.
  3. Stay Informed: Keep abreast of regulatory changes, economic news, and corporate announcements that can impact market dynamics and investment decisions. Leverage news and research sections, newsletters, and regulatory body websites to stay updated on critical developments.
  4. Engage with the Investment Community: Participate in investor forums and discussion boards to share insights, learn from experienced investors, and gather diverse perspectives on market trends and investment opportunities. However, always exercise caution and verify information before making investment decisions.
  5. Continuously Enhance Knowledge and Skills: Take advantage of the educational resources available on digital platforms and third-party sites to deepen your understanding of market analysis, investment strategies, and risk management techniques. Staying committed to continuous learning is essential in adapting to the ever-changing market landscape.

As investors navigate the complexities of NEPSE investing, it's crucial to remember that success is not just about short-term gains but also about building long-term wealth. By leveraging digital platforms, staying informed, and continuously refining their strategies, investors can position themselves for sustainable growth and success.

However, it's essential to recognize that investing always involves risk, and no platform or strategy can guarantee profits. Investors should approach the market with a realistic outlook, a well-defined investment plan, and a commitment to continuous learning and adaptation.

In conclusion, the future of NEPSE investing is increasingly intertwined with the power of digital platforms and the ability of investors to harness their potential. By actively embracing these tools, engaging with the investment community, and staying dedicated to knowledge enhancement, investors can navigate the challenges and opportunities of the market with greater confidence and resilience. As the NEPSE continues to evolve, those who adapt and leverage the power of digital platforms will be well-positioned to maximize their investment success in the years to come.

References

  1. Merolagani: A comprehensive platform offering stock screeners, portfolio management tools, risk management strategies, a learning center, news and research, and investment strategy guides. (https://merolagani.com/)
  2. Nepsealpha: An all-in-one platform featuring advanced stock screeners, a portfolio analyzer, a guide to risk management, the Nepsealpha Academy for educational resources, technical analysis courses, and market news and analysis. (https://nepsealpha.com/)
  3. Sharesansar: A popular financial news portal providing educational content, market analysis, coverage of the impact of monetary policy on the stock market, and the option to subscribe to market bulletins. (https://www.sharesansar.com/)
  4. Nepali Paisa: A well-known financial website offering a learning section with fundamental analysis tutorials and articles on economic indicators and their influence on NEPSE. (https://www.nepalipaisa.com/)
  5. Investopedia: A globally recognized financial education website with a vast library of articles, tutorials, and videos on various aspects of investing, including the VIX - CBOE Volatility Index. (https://www.investopedia.com/)
  6. Securities Board of Nepal (SEBON): The official website of the regulatory body overseeing the securities market in Nepal, publishing circulars and notices related to regulatory changes and market developments. (https://www.sebon.gov.np/)
  7. Nepal Rastra Bank (NRB): The central bank of Nepal, issues press releases and notices that can impact the stock market and various sectors. (https://www.nrb.org.np/)
  8. New Business Age: A reputable business magazine covering top financial media outlets in Nepal and providing insights into the market and economy. (https://www.newbusinessage.com/)