NEPSE 2026-10-02: index 2,587.25 (-11.90 pts, -0.46%). RSI(14) 45.43, close below the 20-day SMA of 2,590.40; turnover Rs 4.29 billion. Read: cautious.
NEPSE Daily Closing Nepal — 2026-10-02
NEPSE closed at 2,587.25, down 11.90 points (-0.46%) from the previous close of 2,599.15. The session opened at 2,592.26, printed a high of 2,600.47 and a low of 2,582.36.
Strength and Weakness
Strengths: MACD histogram +1.01. Weaknesses: index -0.46% on the day; breadth 61 up vs 207 down; close below the 20-day SMA (2,590.40); close below the 50-day SMA (2,627.40); 1 of 13 sub-indices higher.
Market Breadth
Market breadth: 61 advanced, 207 declined and 11 closed unchanged among the equities traded, an advance/decline ratio of 0.29. Put another way, 21.86% of the 279 equities with a recorded change closed up, out of 356 scrips traded in total. On 2026-10-01 the count was 139 advancers to 128 decliners.
Technical Snapshot
Technically, the close is below the 20-day SMA of 2,590.40 (-0.12%), below the 50-day SMA of 2,627.40 (-1.53%), below the 200-day SMA of 2,691.06. RSI(14) is 45.43, in the neutral zone. The MACD(12,26,9) line is at -0.90 with the signal at -1.91, leaving a positive histogram of +1.01, and the gap is narrowing.
What to Watch
Checkpoints for the next session, drawn only from the levels above:
- A close above 2,656.54 (the 2026-08-13 swing high) would clear the nearest overhead level.
- A close below 2,546.69 (the 2026-07-14 swing low) would break the nearest support.
- The 20-day SMA at 2,590.40 is the short-term trend line to track.
- RSI(14) at 45.43 leaves 24.57 points room before the 70 overbought line.
- Follow-through in the leaders (MANDU, BFC) is the tell for continuation.
Trend Direction
The close is below all three moving averages (20-day, 50-day and 200-day). Over five sessions the index is 2,629.81 (from -1.62%) and over 21 sessions +1.17%; the last five closes were 1 up and 4 down. Price, breadth, the 20-day average and MACD together score the close as cautious under the fixed rules used here. It summarises the tape; it is not a forecast.