Kathmandu. Stakeholders have expressed serious concern over the sharp decline in Nepal's capital market and the declining investor confidence. Representatives of investors demanded effective role of the regulatory body and policy reforms to strengthen the secondary market in the meeting of the Parliamentary Finance Committee held on Wednesday. Speaking at the meeting of the Finance Committee, Chairman of the Nepal Shareholder Association, Ghanshyam Pandey, said that the trend of 'IPO farming' by promoter investors and weak regulatory oversight are mainly responsible for the current dire state of the market. Investors drew attention to the flood of bonus shares in the...