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  3. NEPSE Daily Market Wrap (2026-04-23): Closing Analysis Volume and Smart Money Activity
2 min readApril 23, 2026(Updated: April 23, 2026)

NEPSE Daily Market Wrap (2026-04-23): Closing Analysis Volume and Smart Money Activity

Quick Answer

Smart money flowed into RSML (70,340 shares) and SOHL today as NEPSE down 17.01 pts. 81/350 stocks above MACD zero line. Volume and smart money flow analysis.

Table of Contents

Smart money flowed into RSML (70,340 shares) and SOHL today as NEPSE down 17.01 pts. 81/350 stocks above MACD zero line. Volume and smart money flow analysis.

NEPSE Market Wrap — 2026-04-23

NEPSE closed at 2787.15, down -17.01 points (-0.60%) from the previous close of 2804.17. The index traded between 2779.86 (low) and 2817.08 (high), opening at 2806.52.

Where did smart money flow today? Volume analysis reveals institutional interest patterns.

Top 10 by Turnover (Smart Money Signals)

SymbolCompanySectorLTPChange% ChangeVolume
RSMLReliance Spinning Mills LimitedMANUFACTURE43200.002.13%70,340
SOHLSolu Hydropower LimitedHYDROPOWER7950.000.00%324,309
AKJCLAnkhu Khola Jalvidhyut Company LtdHYDROPOWER3930.002.61%674,987
HFINHotel Forest Inn LimitedHOTELS11800.00-4.61%188,501
NHPCNational Hydro Power Company LimitedHYDROPOWER3070.00-0.97%606,373
SKHELSuryakunda Hydro Electric LimitedHYDROPOWER1591.20.00-11.79%109,125
RIDIRidi Power Company Ltd.HYDROPOWER357.50.000.62%456,211
RLELRidge Line Energy LimitedHYDROPOWER1279.90.00-5.33%88,352
NRNNRN Infrastructure and Development LimitedINVESTMENT14950.00-1.32%74,879
SYPNLSY Panel Nepal LimitedMANUFACTURE16000.00-2.74%66,784

Volume + Price Analysis

  • RSML: 70,340 shares — UP +2.13% (accumulation)
  • SOHL: 324,309 shares — FLAT
  • AKJCL: 674,987 shares — UP +2.61% (accumulation)
  • HFIN: 188,501 shares — DOWN -4.61% (distribution)
  • NHPC: 606,373 shares — DOWN -0.97% (distribution)

Market Breadth

  • 20 advancing vs 19 declining — positive breadth
  • A/D Ratio: 1.05

MACD Momentum Check

  • Stocks above MACD zero line: 4 of 6 analyzed
  • Bullish crosses today: 0
  • Bearish crosses today: 0

Conclusion

Smart money activity was concentrated in RSML (MANUFACTURE) and SOHL (HYDROPOWER). Majority of analyzed stocks have MACD above zero — overall bullish momentum.

Key Points

  • Volume leader: RSML (70,340)
  • MACD above zero: 4/6
  • Bullish crosses: 0
  • Bearish crosses: 0
  • Breadth: 20 vs 19
  • A/D Ratio: 1.05

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