NEPSENEPSE 11

k|:tf]tfk|:tf]tf: : /fds[i0f /fds[i0f ltjf/Lltjf/L cS;kmf]8{ ;]So'l/l6h k|f= ln= - cS;kmf]8{ ;]So'l/l6h k|f= ln= -g]K;] a|f]s/ g+= %!_g]K;] a|f]s/ g+= %!_ k|aGw lgb]{zsk|aGw lgb]{zs :6s a|f]s;{ P;f]lzo;g ckm :6s a|f]s;{ P;f]lzo;g ckm g]kfng]kfn sf]iffWoIfsf]iffWoIfa}+s, ljlQo ;+:yf, jLdf, ;xsf/L tyf kFhLahf/ a}+s, ljlQo ;+:yf, jLdf, ;xsf/L tyf kFhLahf/ pk;ldlt, cy{dGqfnopk;ldlt, cy{dGqfno ;b:o ;b:o

g]kfn :6s PS;r]~h lnld6]8g]kfn :6s PS;r]~h lnld6]8

NEPSENEPSE 22

ljifo ;"rL g]kfnsf] kF"hL ahf/ g]K;] Ps kl/ro z]o/sf] bf];|f] ahf/(:6s PS;r]~h) eg]sf] s]

xf] ? g]K;] OG8]S; g]K;] sf/f]jf/ Ps emns g]K;]sf] sf/f]af/ / /fkm;fkm km5\of}{6 k|s[of g]kfndf s]Gb|Lo lgIf]k ;]jf (CDS)

bf];|f] ahf/df nufgL ubf{ x'g] kmfObf / Wofg lbg' kg{] kIfx?

;Defljt hf]lvd z]o/sf] d"Nodf k|efj kfg{] tTjx?

NEPSENEPSE

g]kfnsf] kF"hL ahf/g]kfnsf] kF"hL ahf/ g]kfnsf] kF"hL ahf/g]kfnsf] kF"hL ahf/

lgofds lgsfo k|fylds ahf/ bf];|f] ahf/ lgofds lgsfo k|fylds ahf/ bf];|f] ahf/ dWo:ystf{x?dWo:ystf{x?

IPO FPO IPO FPO g]kfn :6s PS;r]Ghg]kfn :6s PS;r]Gh

g]kfn lwtf]kq af]8{ g]kfn lwtf]kq af]8{ a|f]s/ sDkgLx? dr{]G6 a}+s/x? a|f]s/ sDkgLx? dr{]G6 a}+s/x? CDS & ClearingCDS & Clearing Ltd.Ltd.

Mutual fundMutual fund

33

NEPSENEPSE 44

g]K;] Ps kl/rog]K;] Ps kl/ro sf7df08f} eb|sfnLl:yt g]kfnsf] Pp6f dfq sf7df08f} eb|sfnLl:yt g]kfnsf] Pp6f dfq

z]o/sf] bf];|f] ahf/ z]o/sf] bf];|f] ahf/ lj=;= @)## ;fndf ;]So"l/6Lh vl/b lalqm lj=;= @)## ;fndf ;]So"l/6Lh vl/b lalqm

s]Gb|sf] ?kdf :yflkt s]Gb|sf] ?kdf :yflkt lj=;+= @)%) ;fndf g]kfn :6s PS;r]~h lj=;+= @)%) ;fndf g]kfn :6s PS;r]~h

((g]K;]g]K;]))sf] gfddf kl/0ftsf] gfddf kl/0ft lj=;= @)%) b]lv g]K;]sf] lj=;= @)%) b]lv g]K;]sf] Trading FloorTrading Floor df df

v'Nnf af]nsaf]n k4tL v'Nnf af]nsaf]n k4tL ( Open Out Cry System )( Open Out Cry System )

4f/f z]o/sf] sf/f]jf/4f/f z]o/sf] sf/f]jf/

NEPSENEPSE 55

g]K;] Ps g]K;] Ps ………… @)^$ efb| & df :jrflnt sDKo'6/s[t sf/f]jf/ k4tL @)^$ efb| & df :jrflnt sDKo'6/s[t sf/f]jf/ k4tL

( Automation Trading System )( Automation Trading System ) af6 z]o/sf] sf/f]jf/ z'?jft .af6 z]o/sf] sf/f]jf/ z'?jft . xfn g]K;] af6 ;b:otf k|fKt u/]sf %) j6f a|f]s/ xfn g]K;] af6 ;b:otf k|fKt u/]sf %) j6f a|f]s/

sDkgL sDkgL (Broker Company)(Broker Company) af6 z]o/sf] lsga]r x'g] af6 z]o/sf] lsga]r x'g] u/]sf] .u/]sf] .

g]kfn ;/sf/sf] :jfldTj g]kfn ;/sf/sf] :jfldTj ( ( g]kfn ;/sf/M %*=^^g]kfn ;/sf/M %*=^^%% , , g]kfn /fi6 a}+s M #$=^)g]kfn /fi6 a}+s M #$=^)%, %, g]kfn cf}Bf]lus ljsf; g]kfn cf}Bf]lus ljsf; lgud M ^=!@lgud M ^=!@% , % , a|f]s/ sDkgLM )=^@a|f]s/ sDkgLM )=^@% ) % ) /x]sf] sDkgL P]g cg';f/ :yflkt sDkgL ./x]sf] sDkgL P]g cg';f/ :yflkt sDkgL .

xfn @$) j6f ;"rLs[t sDkgLx?sf] z]o/sf] sf/f]af/ xfn @$) j6f ;"rLs[t sDkgLx?sf] z]o/sf] sf/f]af/ eO/x]sf] .eO/x]sf] .

NEPSENEPSE 66

p2]Zox?Mp2]Zox?M

sf/f]jf/sf] dfWodåf/f t/ntf pknAw u/fpg' .sf/f]jf/sf] dfWodåf/f t/ntf pknAw u/fpg' . a|f]s/ sDkgLsf] dfWod af6 bf]>f] ahf/sf] a|f]s/ sDkgLsf] dfWod af6 bf]>f] ahf/sf]

z]o/, a08sf] sf/f]jf/df ;xhtf Nofpg] .z]o/, a08sf] sf/f]jf/df ;xhtf Nofpg] . nufgLstf{sf] lxt ;+/If0f ug{' .nufgLstf{sf] lxt ;+/If0f ug{' .

NEPSENEPSE 77

e"ldsf tyf sfo{x?Me"ldsf tyf sfo{x?M ;"lrs/0f ug]{;"lrs/0f ug]{ g]K;]df ;"lrs[t sDkgLsf] z]o/ vl/b ljqmLsf g]K;]df ;"lrs[t sDkgLsf] z]o/ vl/b ljqmLsf

nflu sf/f]jf/ :yn pknAw u/fpg] .nflu sf/f]jf/ :yn pknAw u/fpg] . kf/blz{tf Pj+ :jR5 ?kdf k"+hL ahf/sf] ljsf; kf/blz{tf Pj+ :jR5 ?kdf k"+hL ahf/sf] ljsf;

ug{] .ug{] . lgZkIf ahf/ d"Nosf] ljsf; ug{] .lgZkIf ahf/ d"Nosf] ljsf; ug{] . g]K;]df ;b:otf k|fKt u/]sf a|f]s/ sDkgLx?sf] g]K;]df ;b:otf k|fKt u/]sf a|f]s/ sDkgLx?sf]

lg/LIf0f tyf cg'udg ug{] .lg/LIf0f tyf cg'udg ug{] . ;"rLs[t sDkgLsf ;"rgfx? ;dodf g} ;"rLs[t sDkgLsf ;"rgfx? ;dodf g}

nufgLstf{nfO{ hfgsf/L lbg] .nufgLstf{nfO{ hfgsf/L lbg] .

NEPSENEPSE 88

z]o/sf] bf];|f] ahf/z]o/sf] bf];|f] ahf/((:6s :6s PS;r]~hPS;r]~h))eg]sf] s] xf] eg]sf] s] xf] ??

sDkgLn] k|fylds ahf/ af6 z]o/ laqmL ul/;s] kZrft pQm z]o/ sDkgLn] k|fylds ahf/ af6 z]o/ laqmL ul/;s] kZrft pQm z]o/ k'gk'g: : laqmL of]Uo agfO{ t/ntf pknAw u/fpg] laqmL of]Uo agfO{ t/ntf pknAw u/fpg] p2]Zosf ;fy ;Grflnt ;+ul7t ahf/ g} z]o/sf] bf];|f] ahf/p2]Zosf ;fy ;Grflnt ;+ul7t ahf/ g} z]o/sf] bf];|f] ahf/((:6s :6s PS;r]~hPS;r]~h)) xf] . xf] .

lwtf]kq ;DaGwL P]g, @)^# sf] kl/R5]b !,bkmf @lwtf]kq ;DaGwL P]g, @)^# sf] kl/R5]b !,bkmf @((emem) ) cg';f/ ælwtf]kq ahf/Æ eGgfn] lwtf]kq vl/bstf{ tyf cg';f/ ælwtf]kq ahf/Æ eGgfn] lwtf]kq vl/bstf{ tyf laqm]tfnfO{ Ps} 7fpFdf NofO{ lg/Gt/ ?kdf lwtf]kqsf] vl/b, laqm]tfnfO{ Ps} 7fpFdf NofO{ lg/Gt/ ?kdf lwtf]kqsf] vl/b, laqmL jf ljlgdo sfo{ ;DkGg ug]{ ahf/, :yfg jf ;'ljwf ;Demg' laqmL jf ljlgdo sfo{ ;DkGg ug]{ ahf/, :yfg jf ;'ljwf ;Demg' k5{ k5{

g]kfnsf] Ps dfq z]o/sf] bf];|f] ahf/ g]kfn :6s PS;r]Gh g]kfnsf] Ps dfq z]o/sf] bf];|f] ahf/ g]kfn :6s PS;r]Gh ((g]K;]g]K;]) ) xf] .xf] .

NEPSENEPSE

g]K;] OG8]S;

g]K;] OG8]S; eg]sf] ;du| ahf/sf] kl/;"rs xf] h'g z]o/ ahf/sf] dfkg ug]{ tl/sf xf] ;fy} o;sf] DffWodaf6 g]K;]df Listed Share sf] ahf/ k+"hLs/0f -Market Capitalization_ df a9\g] cyjf 36\g] af/]df hfgsf/L k|fKt x'g] ub{5 .

@))& b]lv g]K;]sf] “s” au{df kg]{ sDkgLsf] 5'6\6} ;]G;]l6e OG8]S; tyf ;fwf/0f z]o/ sf] 5'6\6} OG8]S; lgsfNGsf] nflu ˆnf]6 OG8]S; lgsfNg yflnPsf] .

100tionCapitalizaMarket Base

Shares All oftion CapitalizaMarket TodaysIndex Nepse

g]K;] sf/f]jf/ Ps emnsg]K;] sf/f]jf/ Ps emns

• g]K;]sf] o; cf=j= sf] df3 g]K;]sf] o; cf=j= sf] df3 d;fGt ;Ddsf] hDdf sf/f]af/ /sd ?d;fGt ;Ddsf] hDdf sf/f]af/ /sd ?= #%,)$,&),^$,&%)= #%,)$,&),^$,&%)

• g]K;]sf] @)&) kmfNu‘0f g]K;]sf] @)&) kmfNu‘0f d;fGt ;Ddsf] hDdf ahf/ d;fGt ;Ddsf] hDdf ahf/ k"+lhs/0f ?= &(&=&^%*& ca{k"+lhs/0f ?= &(&=&^%*& ca{

• g]K;]n] o; cf=j= sf] df3 g]K;]n] o; cf=j= sf] df3 d;fGt ;Dd cfGtl/s /fh:j sfof{nsdf d;fGt ;Dd cfGtl/s /fh:j sfof{nsdf hDdf u/]sf] k"+lhut nfes/ hDdf hDdf u/]sf] k"+lhut nfes/ hDdf ?=$*,(%,(!,)%^?=$*,(%,(!,)%^

• @)&) kmfNu‘0f @( sf] g]K;] @)&) kmfNu‘0f @( sf] g]K;] OG8]S; &*#=)*OG8]S; &*#=)*

NEPSENEPSE 1010

NEPSENEPSE

g]K;]sf] sf/f]jf/ k|s[ofg]K;]sf] sf/f]jf/ k|s[of

sDKo'6/s[t sf/f]jf/ k4lt sDKo'6/s[t sf/f]jf/ k4lt (ATS) (ATS)

Wide Area Network (WAN) Wide Area Network (WAN) dfkm{t dfkm{t Broker Company Broker Company sf] cfsf] cf--cfkm\gf] sfof{no jf6 sf/f]af/ x'g] .fkm\gf] sfof{no jf6 sf/f]af/ x'g] .

u|fxssf] cfb]z u|fxssf] cfb]z (Buy Order or Sell Order ) (Buy Order or Sell Order ) åf/f ;Grflntåf/f ;Grflnt sf/f]af/ x'g] ;dosf/f]af/ x'g] ;do

lgoldt sf/f]jf/ cfO{tjf/ b]lv ljlxjf/ !@ ah]af6 # lgoldt sf/f]jf/ cfO{tjf/ b]lv ljlxjf/ !@ ah]af6 # jh] ;Ddjh] ;Dd

Odd Lot Odd Lot sf/f]jf/ z'qmjf/ dfq !@ ah]af6 ! ah];Dd sf/f]jf/ z'qmjf/ dfq !@ ah]af6 ! ah];Dd Circuit BreakerCircuit Breaker

Index Based circuit breaker systemIndex Based circuit breaker system

1111

NEPSENEPSE

sf/f]jf/ k|s[of s|dz===============

========= olb klxnf] Ps 306f ! jh] ;Dd Index #% n] 36] jf a9]df

!% ldg]6 ahf/ aGb x'g]5 .

olb @ jh] ;Dd $% n] 36] jf a9]df cfwf 306f ahf/ aGb x'g]5 .

olb @ ah] kl5 %% n] a9]df To; lbgsf] ahf/ k'/} aGb x'g]5 .

Price Range : cl3Nnf] lbgsf] clGtd ahf/ d"Nosf] ef]lnkN6 !) % eGbf tn dfly d"No a9\g ;Sb}g .

1212

NEPSENEPSE

sf/f]jf/ k|s[of sf/f]jf/ k|s[of s|s|

dzdz================================================

a|f]s/ sldzga|f]s/ sldzg

kF"hLut nfe s/ (Capital Gain Tax ) = AolQmut gfkmfsf] %%%

;+:yfut gfkmfsf] !)%% 1313

S.No. Trading Amount Brokerage %

A Up to 50,000 1

B > 50,000 & < 5,00,000

0.9

C > 5,00,000 & < 10,00,000 0.8

D > 10,00,000 0.7

NEPSENEPSE

/fkm;fkm km5of}{6 k|s[of/fkm;fkm km5of}{6 k|s[of lwtf]kq sf/f]jf/df ;+nUg kIfx?n] lbg'kg{] tyf lng'kg{] bfloTj

klxrfg u/L /sd / lwtf]kqsf] :jfldTj x:tfGt/0f ug{] sfo{ . T+ 3 Settlement System

T+0 = sf/f]jf/ ePsf] lbg T+1 = /sd a'emfpg' kg{] T+2 = sfuhft ( share certificate ) a'emfpg' kg{] T+3 = /sd e'QmfgL xfn Mannual ?kdf CDS & Clearing Ltd.(g]K;]sf] ;xfos sDkgL ) Jff6

/fkm;fkm tyf km5of}{6

‘‘1414

NEPSENEPSE

g]kfndf s]Gb|Lo g]kfndf s]Gb|Lo lgIf]k ;]jflgIf]k ;]jf(CDS)(CDS)

lj=;=@)^& ;fndf :yfkgf ePsf] g]kfnsf] Ps dfq sDkgL l;l8P;;L (CDS & Clearing limited) .

lwtf]kqx?sf] lgIf]k,e'QmfgL / x:tfGt/0f ljB'lto dfWod 4f/f sfo{ ug{] p4]Zosf ;fy ?=#) s/f]8 nufgLdf :yflkt g]K;]sf] ;xfos sDkgL .

z]o/sf] a}+s klg elgG5 . xfn k"0f{ ?kdf ;Grfngdf gcfO{;s]sf] lgs6 eljZodf

k"0f{ ?kdf ;Grfngdf cfpg] . of] k|0ffnL nfu' eP kZrft sfuhL k|s[of jf6

d'Qm,;dodf gfd;f/L ;fy} ;'/lIft /xg] .

1515

NEPSENEPSE

sf/f]jf/ /fkm;fkm / km5of}{6 sf/f]jf/ /fkm;fkm / km5of}{6

k|s[ofk|s[of======== vl/bstf{ lalqmstf{ vl/bstf{ lalqmstf{

z]o/ k|=kq gub z]o/ k|=kq z]o/ k|=kq gub z]o/ k|=kq gub gub

a|f]s/ sDkgLa|f]s/ sDkgLAA g]K;]sf] sf/f]jf/ sIf a|g]K;]sf] sf/f]jf/ sIf a|f]s/ sDkgLf]s/ sDkgLBB

z]o/ k|df0f kq z]o/ k|df0f kq

gubgub

gub /fkm;fkm / km5of}{6 z]o/gub /fkm;fkm / km5of}{6 z]o/

CDS & Clearing LtdCDS & Clearing Ltd

1616

NEPSENEPSE 1717

bf];|f] ahf/df nufgL ubf{ x'g] kmfO{bfx?

ha tkfO+{n] s'g} sDkgLsf] z]o/ vl/b ug{'x'G5 tkfO{+ To; sDkgLsf] c+lzof/ x'g' eO sDkgL ;kmntf af6 k|fKt x'g] k|ltkmn h:t} gub nfef+z,af]gz z]o/sf ;fy} sDkgLn] ljleGg ;dodf lbg] xsk|b z]o/sf] eflubf/ aGg' x'g]5 .

nufgLsf ljleGg ;fwg dWo] z]o/ Pp6f xf] hxfF nufgL u/L cfkmgf] ;DkQLnfO{ eljiosf] nflu ;'/lIft /fVg ;Sg'x'g]5 . cyf{t tkfO+{sf] ;DkQL Joj:yfkgdf o;n] ;3fp k'/\ofpF5 .

NEPSENEPSE 1818

kmfO{bfx?kmfO{bfx?....................

sDkgLsf] ;fwf/0f;fefdf efu sDkgLsf] ;fwf/0f;fefdf efu lnO{ dtbfgsf] clwsf/ k|fKt x'g] ePsf]n] lnO{ dtbfgsf] clwsf/ k|fKt x'g] ePsf]n] sDkgL Joj:yfkgsf] 5gf}6 ug{ kfOg]5 .sDkgL Joj:yfkgsf] 5gf}6 ug{ kfOg]5 .

;fwf/0ftof z]o/ nufgLstf{x?n] sDkgLjf6 ;fwf/0ftof z]o/ nufgLstf{x?n] sDkgLjf6 b'O{ tl/sf af6 k|ltkmn k|fKt ul//x]sf b'O{ tl/sf af6 k|ltkmn k|fKt ul//x]sf x'G5g, Pp6f sDkgLn] cfkmgf] aflif{s x'G5g, Pp6f sDkgLn] cfkmgf] aflif{s cfDbfgL af6 z]o/wgLx?nfO{ lbOg] k|cfDbfgL af6 z]o/wgLx?nfO{ lbOg] k|ltkmnsf ;fy} csf]{ tkm{ bL3{sfndf ltkmnsf ;fy} csf]{ tkm{ bL3{sfndf pQm nufgL /sd j[l4 x'g hfG5 .pQm nufgL /sd j[l4 x'g hfG5 .

NEPSENEPSE 1919

bf];|f] ahf/df nufgL ubf{ Wofg bf];|f] ahf/df nufgL ubf{ Wofg lbg' kg{] kIfx?lbg' kg{] kIfx?

z]o/ ahf/df nufgL ug{' k"j{ ;b}j sDkgLsf z]o/ ahf/df nufgL ug{' k"j{ ;b}j sDkgLsf af/]df hfgsf/L lng'xf]; . olb tkfO+af/]df hfgsf/L lng'xf]; . olb tkfO+{nfO{ sDkgLsf af/]df hfgsf/L {nfO{ sDkgLsf af/]df hfgsf/L gePdf ;DaGwLt If]qsf lj1x? ;Fu ;Nnfx gePdf ;DaGwLt If]qsf lj1x? ;Fu ;Nnfx lng'xf]; .lng'xf]; .

tkfFOsf] nufgLnfO Pp6} 8fnf] tkfFOsf] nufgLnfO Pp6} 8fnf] (Basket)(Basket) df df g/fVg'xf]; , nufgLnfO{ ljljwLs/0f ug{' cyf{t g/fVg'xf]; , nufgLnfO{ ljljwLs/0f ug{' cyf{t Pp6} sDkgLsf] kl5 dfq gnfUg'xf]; .Pp6} sDkgLsf] kl5 dfq gnfUg'xf]; .

ljutdf sDkgLn] lbPsf] k|ltkmnsf cfwf/df ljutdf sDkgLn] lbPsf] k|ltkmnsf cfwf/df nufgL ug{] lg0f{o lng'xf]; .nufgL ug{] lg0f{o lng'xf]; .

NEPSENEPSE 2020

nufgL ubf{ Wofg lbg' kg{] kIfx? s|dz.........

z]o/df nufgLnfO b'O tl/sf cNksfnLg / bL3{sflng u/L ljefhg ug{'xf]; .

z]o/ vl/b u/] kZrft gfkmfsf] l;df lgwf{/0f u/L ahf/sf] a9bf] Bullish Trend df ljlqm ug{ ge'Ng'xf]; . cyf{t tkfO+n] z]o/ vl/b ug{'sf] p4]Zo ljqmL ug{' xf] eGg] 7fGg'xf]; .

ha tkfO+n] z]o/ vl/b ug{' x'G5 To;sf] p2]Zo laqmL u/L gfkmf lng] agfpg'xf]; .

NEPSENEPSE

;Defljt hf]lvdM z]o/sf] d"No ;Fw} ptf/r9fj (volatile)

eO{/xG5 . b]zsf] cfly{s cj:yfdf ;+s6 pTkGg xF'bf

To;sf] k|ToIf c;/ z]o/ ahf/df kg{ hfG5 . olb sDkgLsf] cfly{s cj:yf v/fa

eO{ vf/]hL k|s[ofdf uPdf z]o/sf] nufgL hf]lvddf kb{5 .

NEPSENEPSE

z]o/sf] d"Nodf k|efj kfg{] tTjx? M

z]o/sf] dfu / cfk'lt{

b]zsf] /fhg}lts tyf cfly{s cj:yf Aofhb/

nufgLstf{sf] dgf]lj1fg

sDkgL ;DaGwL ;"rgf Pj+ hfgsf/L

sDkgLsf] ljlQo k|ltj]bg

z]o/ d"Nodf k|efj kfg{] tTjx?

NEPSENEPSE

wGojfb