Kathmandu. The stock market, which has been waiting and watching until the conclusion of the House of Representatives elections on March 4, has welcomed the new government in a grand manner.

The elections held after the Genji agitation on September 23 and 24 have given a new government. It has also got a government with a majority. In Nepalese politics, it seems that a stable government will be formed after many years.

Its impact has been seen in the stock market. The election is expected to make the Rastriya Swatantra Party not only the first party but also the party with a majority. It has also been very well received by the stock market. The Rastriya Swatantra Party (RSP) has already announced senior leader Balen Shah as the Prime Minister before going for the elections. Balen is almost certain to become the Prime Minister as the party’s majority is near.

At the same time, Balen has been welcomed by the stock market. The first transaction opened immediately after the election has seen a positive circuit for three consecutive times.

The market closed trading for today, up 6 percent. The first circuit and the first circuit opened within a minute of trading, and the market closed for about 1 minute after the second and second circuits. This has sparked a buzz that the market has given a grand welcome to the new people’s approved government. Shah was very positive about the stock market since he was the mayor of Kathmandu Metropolitan City. He is also liked by the investors of the market.

Stock investors had protested at the door of the Securities Board of Nepal for a long time in July 2079. At that time, the then Shah of Kathmandu Metropolitan City had reached the protest site to support the investors’ movement.

At that time, Tilak Koirala was on a hunger strike. He met Koirala and expressed his support to the movement. Saha had promised Koirala that he would take initiatives to address the demands of the investors.

At that time, Shah had suggested that policies and rules should be formulated by looking at the impact of the market by visiting the protest site. Later, the Securities Board of India (SEBON) signed an 18-point agreement between the agitating investors. After that, the market rose for some time. No one showed any interest in implementing the agreement in the movement.

Koirala, who was on a hunger strike at that time, is now the proprietor of NRN Infrastructure and Development Company and City Hotel. “We will improve the policy, rules, technology, infrastructure and regulation of the capital

market,” he wrote on Facebook.

Today, the index rose by 162.93 points to close at 2875.43 points.