NEPSE at 2618.03 — liquidity concentrated in SHIVM and RSML. 4/10 turnover leaders ended positive. Smart money showed distribution. Index, liquidity and flow analysis.
Closing Report: Liquidity & Smart Money — 2026-09-23
NEPSE closed at 2618.03, down -36.25 points (-1.37%) from the previous close of 2654.28. The index traded between 2613.13 (low) and 2671.04 (high), opening at 2670.27.
Liquidity Analysis
- Top turnover stocks: SHIVM, RSML, HDL, LSL, AKJCL
- Volume leader: SHIVM — 555,257 shares (Rs. 383.4M)
- Volume-confirmed MACD moves: 0 stocks
Smart Money Signals
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| SHIVM | SHIVAM CEMENTS LTD | MANUFACTURING AND PROCESSING | 687 | +2.90 | 0.42% | 555,257 |
| RSML | Reliance Spinning Mills Limited | MANUFACTURING AND PROCESSING | 2722.9 | +23.90 | 0.89% | 78,298 |
| HDL | Himalayan Distillery Limited | MANUFACTURING AND PROCESSING | 1278.3 | -5.70 | -0.44% | 160,341 |
| LSL | Laxmi Sunrise Bank Limited | COMMERCIAL BANKS | 245.9 | -4.10 | -1.64% | 761,646 |
| AKJCL | Ankhu Khola Jalvidhyut Company Ltd | HYDRO POWER | 358 | -6.80 | -1.86% | 479,488 |
- SHIVM: Price UP + High Volume = ACCUMULATION
- RSML: Price UP + High Volume = ACCUMULATION
- HDL: Price DOWN + High Volume = DISTRIBUTION
- LSL: Price DOWN + High Volume = DISTRIBUTION
- AKJCL: Price DOWN + High Volume = DISTRIBUTION
Market Breadth
- 20 advancing (50%) vs 20 declining
- A/D Ratio: 1.00
Conclusion
Liquidity was concentrated in MANUFACTURING AND PROCESSING (SHIVM) and MANUFACTURING AND PROCESSING (RSML). 4 of top 10 turnover stocks ended positive — distribution outweighed accumulation.