Nepse next target: 1175

Rajesh Sharma

Probable future scenario

Nepse next target: 1175
Approximate period of time it may take: 3 months
Prime mover sub-index: Banking
Pull sub-index: Insurance
Sub-indexes, which may move up considerably: Hydro-power/micro-finance
Sub-indexes, which may remain relatively stable but oriented to upward move: Dev. banks, finance companies
Dormant sub index: Other/NTC
No idea: Hotel, Manufacturing

However, in every sub index, there could be star performer companies and also loss making ones. Hence, we could see things in larger perspective reflected in the index, sub-indexes; the deliverers are individual companies. We should focus on companies while buying or selling.