NEPSE 2026-11-02: index 2,657.50 (-32.65 pts, -1.21%). 0 of 13 sub-indices rose; Hotels and Tourism led at -0.63%. Breadth 21 up, 252 down. Read: neutral.
NEPSE Closing Analysis — 2026-11-02
The NEPSE index fell 32.65 points (-1.21%) to finish at 2,657.50 against a previous close of 2,690.15. The session opened at 2,690.10, printed a high of 2,691.10 and a low of 2,651.15.
Banking, Hydropower and Finance
The three sub-indices this report tracks most closely: Banking finished at 1,593.73 (-17.34 points, -1.08%) with an intraday range of 1,588.10 to 1,614.05; Hydropower finished at 3,656.73 (-39.95 points, -1.08%) with an intraday range of 3,641.48 to 3,696.38; Finance finished at 2,213.73 (-34.50 points, -1.53%) with an intraday range of 2,210.21 to 2,244.31.
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 | 1,611.07 | 1,611.82 | 1,614.05 | 1,588.10 | 1,593.73 | -1.08% |
| Development Bank | 5,654.72 | 5,641.84 | 5,642.98 | 5,536.46 | 5,548.28 | -1.88% |
| Finance | 2,248.23 | 2,228.49 | 2,244.31 | 2,210.21 | 2,213.73 | -1.53% |
| Microfinance | 4,550.82 | 4,572.37 | 4,573.95 | 4,490.05 | 4,497.71 | -1.17% |
| Hydropower | 3,696.68 | 3,693.07 | 3,696.38 | 3,641.48 | 3,656.73 | -1.08% |
Sector Leaders and Laggards
Lagging were Development Bank (-1.88%), Non-Life Insurance (-1.72%), Others (-1.61%). Taking the top-20 gainers list sector by sector, the first names were BENH in Hydro Power (+13.58%), NICA in Commercial Banks (+3.02%), UNL in Manufacturing and Processing (+2.39%), SINDU in Development Banks (+0.97%).
Key Movers
Leading the gainers were BENH +13.58% to 806.10, MAKAR +8.77% to 460.00, MHL +5.47% to 495.70. The steepest falls came from JHAPA -4.11% to 910.00, SADBL -4.08% to 400.00, NLG -3.83% to 500.00. By share count KBL led with 1,193,164 shares; by value GHL was first with Rs 37.64 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: the nearest swing high at 2,671.04 (2026-09-23) and support at the 2,629.22 swing low (2026-08-12). Treat this as a summary of what the tape shows, not as advice.