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  3. NEPSE Market Update (2026-05-04): Sector Rotation and Key Movers Today
2 min readMay 4, 2026(Updated: May 4, 2026)

NEPSE Market Update (2026-05-04): Sector Rotation and Key Movers Today

Quick Answer

Money rotated from HYDRO POWER into OTHERS today. NEPSE -34.64 pts to 2704.08. Banking -0.86%, Hydropower -2.23%. Sector rotation map and key movers.

Table of Contents

Money rotated from HYDRO POWER into OTHERS today. NEPSE -34.64 pts to 2704.08. Banking -0.86%, Hydropower -2.23%. Sector rotation map and key movers.

Sector Rotation & Key Movers — 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.

Sector Indices: Banking 1421.96 (-0.86%), Hydropower 3763.58 (-2.23%), Finance 2334.81 (-0.96%).

Sector Rotation Map

Money Flowing INTO (Gaining Sectors)

  • OTHERS: 6 stocks gaining
  • COMMERCIAL BANKS: 6 stocks gaining
  • MICROFINANCE: 3 stocks gaining
  • LIFE INSURANCE: 2 stocks gaining
  • Others: 1 stocks gaining
  • NON LIFE INSURANCE: 1 stocks gaining

Money Flowing OUT (Declining Sectors)

  • HYDRO POWER: 5 stocks declining
  • Hydro Power: 4 stocks declining
  • Manufacturing And Processing: 3 stocks declining
  • Development Bank Limited: 2 stocks declining
  • DEVELOPMENT BANKS: 2 stocks declining
  • OTHERS: 2 stocks declining

Key Movers

CategoryStockMoveVolume
Top GainerFOWAD+15.00%8,710
Top LoserCORBL-12.58%41,148
Most VolumeNRN-3.33%223,192
Top RSIFOWADScore: 80.0Buy
Top MACDSBLD84Score: 85Buy

MACD Sector Momentum

  • Bullish: 7 stocks, Avg 85.0 — Range 85-85
  • Improving: 12 stocks, Avg 65.0 — Range 65-65
  • Neutral: 2 stocks, Avg 49.8 — Range 47.25-52.25
  • Weakening: 35 stocks, Avg 45.0 — Range 45-45
  • Bearish: 297 stocks, Avg 25.0 — Range 25-25

Conclusion

Rotation from HYDRO POWER OTHERS defined today. OTHERS attracted the most buying interest. Key movers FOWAD and NRN warrant continued monitoring.

Key Points

  • Into: OTHERS (6 stocks)
  • Out of: HYDRO POWER (5 stocks)
  • Top gainer: FOWAD
  • Top volume: NRN
  • Top RSI: FOWAD
  • Top MACD sector: Bullish

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