NEPSE Suffers Another Massive Blow
Nepal's stock market delivered another devastating session on April 5, 2026 (Sunday), with the NEPSE index plunging 105.50 points — a loss of 3.79% — to close at 2,676.68. This follows a 74.73-point collapse on April 1, meaning NEPSE has now shed over 180 points in just two trading sessions, pushing the index to its lowest level since late 2025.
Key Index Data — April 5, 2026
| Metric | Value |
|---|---|
| NEPSE Closing Index | 2,676.68 |
| Point Change | -105.50 |
| Percentage Change | -3.79% |
| Previous Close (April 2) | 2,782.18 |
| Session | Sunday, April 5, 2026 |
Sector Performance — All Red Again
| Sector | Index Level | Change % | Point Change |
|---|---|---|---|
| OTHERS | 2,038.83 | -6.09% | -132.22 |
| HYDROPOWER | 3,634.74 | -4.84% | -184.99 |
| DEVBANK | 5,738.12 | -4.32% | -259.55 |
| FINANCE | 2,345.35 | -3.94% | -96.21 |
| NONLIFEINSU | 10,743.81 | -3.87% | -432.74 |
| FLOAT | 183.18 | -3.88% | -7.41 |
| LIFEINSU | 12,425.98 | -3.59% | -463.71 |
| TRADING | 3,775.80 | -3.58% | -140.49 |
| INVESTMENT | 102.42 | -3.32% | -3.52 |
| BANKING | 1,406.40 | -3.32% | -48.36 |
| HOTELS | 7,214.65 | -3.04% | -226.66 |
| MANUFACTURE | 10,596.49 | -1.33% | -143.72 |
Top Gainers
Even in today's carnage, six stocks hit upper circuits — notably the same names for a third consecutive day:
- BJHL (Bhujung Hydropower): +10.00% to Rs 770
- RLEL (Ridge Line Energy): +10.00% to Rs 531.4
- HFIN (Hotel Forest Inn): +10.00% to Rs 465.4
- RSML (Reliance Spinning Mills): +10.00% to Rs 3,566
- SKHL (Super Khudi Hydropower): +9.99% to Rs 642.9
- SKHEL (Suryakunda Hydro Electric): +9.99% to Rs 503.3
Top Losers
- BEDC (Bhugol Energy): -10.00% to Rs 430.2
- NABBC (Narayani Development Bank): -10.00% to Rs 1,183.5
- HRL (Himalayan Reinsurance): -10.00% to Rs 704.7
- GMLI (Guardian Micro Life Insurance): -9.99% to Rs 1,485
- SAPDBL (Saptakoshi Development Bank): -9.99% to Rs 855.6
- NRIC (Nepal Reinsurance): -9.62% to Rs 968
- NHPC (National Hydro Power): -9.32% to Rs 251
Top Turnover
- HRL: Rs 582.54 million (810,753 shares)
- SHIVM: Rs 452.54 million (694,424 shares)
- NGPL: Rs 420.57 million (949,247 shares)
- NHPC: Rs 367.63 million (1,436,956 shares)
- NRN: Rs 344.70 million (229,224 shares)
Market Context
April 5's 105.50-point decline is the larger of the two recent major crashes. Combined with April 1's 74.73-point fall, NEPSE has lost approximately 180 points in two sessions. The ongoing panic appears rooted in continued uncertainty over Finance Minister capital market policy, with no clear government response to investor anxiety materialising over the long weekend.
Where Does NEPSE Stand Now?
At 2,676.68, NEPSE is now testing levels not seen since mid-2025. The psychological 2,700 support — which many analysts cited as the floor — has been decisively broken. The next major support zone lies at 2,600-2,625, representing the lows of the 2025 consolidation phase.