The article explores how the stock market in Nepal is connected to economic factors like inflation and money supply. It found that in the short term, inflation affects stock prices positively, but in the long term, stock prices influence inflation. Money supply also has a positive impact on stock prices in the short term. However, in the long term, stock prices affect treasury bill rates. The study suggests that the Nepalese monetary authority can influence the stock market in the short term through money supply, but not in the long term. Overall, the stock market in Nepal is relatively independent and doesn't react strongly to changes in economic factors over a long period.