Smart money flowed into NRN (223,192 shares) and RSML today as NEPSE down 34.64 pts. 37/353 stocks above MACD zero line. Volume and smart money flow analysis.
NEPSE Market Wrap — 2026-05-04
NEPSE closed at 2704.08, down -34.64 points (-1.26%) from the previous close of 2738.72. The index traded between 2697.14 (low) and 2742.58 (high), opening at 2740.05.
Where did smart money flow today? Volume analysis reveals institutional interest patterns.
Top 10 by Turnover (Smart Money Signals)
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| NRN | NRN Infrastructure and Development Limited | INVESTMENT | 1395 | -48.00 | -3.33% | 223,192 |
| RSML | Reliance Spinning Mills Limited | MANUFACTURING AND PROCESSING | 3720 | -130.20 | -3.38% | 47,038 |
| NHPC | National Hydro Power Company Limited | Hydro Power | 283 | -13.00 | -4.39% | 547,062 |
| AKJCL | Ankhu Khola Jalvidhyut Company Ltd | HYDRO POWER | 351 | -24.00 | -6.40% | 424,809 |
| NICA | NIC Asia Bank Ltd. | COMMERCIAL BANKS | 359.4 | +1.40 | 0.39% | 327,440 |
| PCIL | Palpa Cement Industries Limited | Manufacturing And Processing | 888 | -60.00 | -6.33% | 111,017 |
| NGPL | Ngadi Group Power Ltd. | HYDRO POWER | 426.9 | -10.10 | -2.31% | 230,324 |
| KBL | Kumari Bank Limited | COMMERCIAL BANKS | 214 | -3.30 | -1.52% | 443,235 |
| SOHL | Solu Hydropower Limited | HYDRO POWER | 668 | -42.00 | -5.92% | 129,243 |
| CORBL | Corporate Development Bank Limited | Development Bank Limited | 2098 | -302.00 | -12.58% | 41,148 |
Volume + Price Analysis
- NRN: 223,192 shares — DOWN -3.33% (distribution)
- RSML: 47,038 shares — DOWN -3.38% (distribution)
- NHPC: 547,062 shares — DOWN -4.39% (distribution)
- AKJCL: 424,809 shares — DOWN -6.40% (distribution)
- NICA: 327,440 shares — UP +0.39% (accumulation)
Market Breadth
- 20 advancing vs 20 declining — neutral breadth
- A/D Ratio: 1.00
MACD Momentum Check
- Stocks above MACD zero line: 8 of 20 analyzed
- Bullish crosses today: 3
- Bearish crosses today: 1
Conclusion
Smart money activity was concentrated in NRN (INVESTMENT) and RSML (MANUFACTURING AND PROCESSING). Less than half of stocks have MACD above zero — momentum is weakening.