NEPSE 2026-11-02: index 2,657.50 (-32.65 pts, -1.21%). 0 of 13 sub-indices rose; Hotels and Tourism led at -0.63%. Breadth 21 up, 252 down. Read: neutral.
NEPSE Market Update — 2026-11-02
NEPSE closed at 2,657.50, down 32.65 points (-1.21%) from the previous close of 2,690.15. The session opened at 2,690.10, printed a high of 2,691.10 and a low of 2,651.15.
Sector Leaders and Laggards
Under pressure were Development Bank (-1.88%), Non-Life Insurance (-1.72%), Others (-1.61%). The best-placed scrip from each sector inside the top-20 gainers: BENH in Hydro Power (+13.58%), NICA in Commercial Banks (+3.02%), UNL in Manufacturing and Processing (+2.39%), SINDU in Development Banks (+0.97%).
Sub-Index Performance
Of the 13 sub-indices, 0 finished up; Hotels and Tourism was the best at -0.63% and Development Bank the weakest at -1.88%.
| Sub-index | Close | Change | % Change |
|---|---|---|---|
| Hotels and Tourism | 7,017.47 | -44.62 | -0.63% |
| Mutual Fund | 19.88 | -0.15 | -0.75% |
| Trading | 3,181.99 | -27.86 | -0.87% |
| Manufacturing and Processing | 10,632.33 | -97.47 | -0.91% |
| Banking | 1,593.73 | -17.34 | -1.08% |
| Hydropower | 3,656.73 | -39.95 | -1.08% |
| Microfinance | 4,497.71 | -53.11 | -1.17% |
| Investment | 94.41 | -1.37 | -1.43% |
| Life Insurance | 11,888.29 | -177.94 | -1.47% |
| Finance | 2,213.73 | -34.50 | -1.53% |
| Others | 1,803.80 | -29.60 | -1.61% |
| Non-Life Insurance | 9,423.88 | -165.30 | -1.72% |
| Development Bank | 5,548.28 | -106.44 | -1.88% |
Banking, Hydropower and Finance
Banking, Hydropower and Finance, taken together: Banking closed at 1,593.73 (-17.34 points, -1.08%) after ranging 1,588.10 to 1,614.05; Hydropower closed at 3,656.73 (-39.95 points, -1.08%) after ranging 3,641.48 to 3,696.38; Finance closed at 2,213.73 (-34.50 points, -1.53%) after ranging 2,210.21 to 2,244.31.
Key Movers
The strongest closes were BENH +13.58% to 806.10, MAKAR +8.77% to 460.00, MHL +5.47% to 495.70. The steepest falls came from JHAPA -4.11% to 910.00, SADBL -4.08% to 400.00, NLG -3.83% to 500.00. KBL was the most traded scrip with 1,193,164 shares, while GHL took the turnover lead at Rs 37.64 crore.
Next Session Outlook
On the rule set used here the next-session read is NEUTRAL, because the index closed lower, decliners outnumbered advancers, the close is above the 20-day average and the MACD histogram is positive. Levels to watch: resistance at the 2,671.04 swing high (2026-09-23) and the nearest swing low at 2,629.22 (2026-08-12). This is a description of the closing data, not a forecast or a recommendation.