NEPSE 2026-09-16: index 2,612.42 (-21.20 pts, -0.80%). 0 of 13 sub-indices rose; Manufacturing and Processing led at -0.55%. Breadth 43 up, 224 down. Read: neutral.
NEPSE Closing Analysis — 2026-09-16
NEPSE closed at 2,612.42, down 21.20 points (-0.80%) from the previous close of 2,633.62. The session opened at 2,635.31, printed a high of 2,639.41 and a low of 2,604.04.
Banking, Hydropower and Finance
The three sub-indices in focus: Banking closed at 1,478.89 (-9.47 points, -0.64%) after ranging 1,474.50 to 1,493.07; Hydropower closed at 3,611.01 (-37.97 points, -1.04%) after ranging 3,599.06 to 3,657.69; Finance closed at 2,262.82 (-17.51 points, -0.77%) after ranging 2,249.75 to 2,295.82.
Financial and Hydropower Sub-Indices
Open, high, low and close for the banking-family and hydropower groups:
| Sub-index | Prev Close | Open | High | Low | Close | % Change |
|---|---|---|---|---|---|---|
| Banking | 1,488.36 | 1,490.68 | 1,493.07 | 1,474.50 | 1,478.89 | -0.64% |
| Development Bank | 5,492.54 | 5,493.29 | 5,498.96 | 5,441.01 | 5,452.40 | -0.73% |
| Finance | 2,280.33 | 2,265.66 | 2,295.82 | 2,249.75 | 2,262.82 | -0.77% |
| Microfinance | 4,547.63 | 4,538.83 | 4,551.18 | 4,492.71 | 4,509.90 | -0.83% |
| Hydropower | 3,648.98 | 3,650.77 | 3,657.69 | 3,599.06 | 3,611.01 | -1.04% |
Sector Leaders and Laggards
Under pressure were Hydropower (-1.04%), Life Insurance (-1.01%), Non-Life Insurance (-0.91%). Taking the top-20 gainers list sector by sector, the first names were NABBC in Development Banks (+6.37%), HDHPC in Hydro Power (+5.31%), KMCDB in Microfinance (+4.34%), BNL in Manufacturing and Processing (+3.59%).
Key Movers
The strongest closes were NABBC +6.37% to 745.00, HDHPC +5.31% to 228.00, MEPDL +4.38% to 703.00. The weakest were RLEL -5.21% to 784.90, NWCL -4.96% to 590.10, SMFBS -4.58% to 1,375.00. By share count HDHPC led with 1,663,890 shares; by value HDHPC was first with Rs 37.96 crore.
Next Session Outlook
Rule-based read for the next session: NEUTRAL — the index closed lower, decliners outnumbered advancers, the close is above the 20-day average and the MACD histogram is positive. Marking the chart: resistance at the 2,656.54 swing high (2026-08-13) and support at the 2,602.39 swing low (2026-07-01). This is a description of the closing data, not a forecast or a recommendation.