NEPSE at 2704.08 — liquidity concentrated in NRN and RSML. 1/10 turnover leaders ended positive. Smart money showed distribution. Index, liquidity and flow analysis.
Closing Report: Liquidity & Smart Money — 2026-05-04
NEPSE closed at 2704.08, down -34.64 points (-1.26%) from the previous close of 2738.72. The index traded between 2697.14 (low) and 2742.58 (high), opening at 2740.05.
Liquidity Analysis
- Top turnover stocks: NRN, RSML, NHPC, AKJCL, NICA
- Volume leader: NRN — 223,192 shares (Rs. 311.4M)
- Volume-confirmed MACD moves: 2 stocks
Smart Money Signals
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| NRN | NRN Infrastructure and Development Limited | INVESTMENT | 1395 | -48.00 | -3.33% | 223,192 |
| RSML | Reliance Spinning Mills Limited | MANUFACTURING AND PROCESSING | 3720 | -130.20 | -3.38% | 47,038 |
| NHPC | National Hydro Power Company Limited | Hydro Power | 283 | -13.00 | -4.39% | 547,062 |
| AKJCL | Ankhu Khola Jalvidhyut Company Ltd | HYDRO POWER | 351 | -24.00 | -6.40% | 424,809 |
| NICA | NIC Asia Bank Ltd. | COMMERCIAL BANKS | 359.4 | +1.40 | 0.39% | 327,440 |
- NRN: Price DOWN + High Volume = DISTRIBUTION
- RSML: Price DOWN + High Volume = DISTRIBUTION
- NHPC: Price DOWN + High Volume = DISTRIBUTION
- AKJCL: Price DOWN + High Volume = DISTRIBUTION
- NICA: Price UP + High Volume = ACCUMULATION
Market Breadth
- 20 advancing (50%) vs 20 declining
- A/D Ratio: 1.00
Conclusion
Liquidity was concentrated in INVESTMENT (NRN) and MANUFACTURING AND PROCESSING (RSML). 1 of top 10 turnover stocks ended positive — distribution outweighed accumulation.