NEPSE rallied 48.71 points today. HYDROPOWER sector buying (12 stocks) and BJHL (+10.00%) drove the gains. Here's the full breakdown of why the market went up.
Why Did NEPSE Go Up Today?
NEPSE closed at 2851.24, up +48.71 points (+1.73%) from the previous close of 2802.52. The index traded between 2798.01 (low) and 2854.58 (high), opening at 2805.18.
Today's NEPSE session saw 20 stocks advance and 16 decline — a positive day. Here's what drove the market.
Key Drivers
- Sector rotation: HYDROPOWER attracted buyers (12 stocks up) while HYDROPOWER faced selling (7 stocks down)
- Top mover impact: BJHL surged +10.00% — HYDROPOWER sector leading
- Volume signal: NHPC traded 1,439,127 shares — buying interest
- Technical backdrop: 10/10 stocks have MACD above zero — broadly bullish
RSI Signals
Top RSI-rated stocks: NHPC (RSI: 61.1, Buy), UNL (RSI: 53.7, Buy), TAMOR (RSI: 52.0, Buy), HEIP (RSI: 60.7, Buy), KBL (RSI: 59.5, Buy). 11 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| BJHL | Bhujung Hydropower Limited | HYDROPOWER | 1083.5 | +98.50 | 10.00% | 28,988 |
| ANLB | Aatmanirbhar Laghubitta Bittiya Sanstha Limited | MICROFINANCE | 6128.6 | +557.13 | 10.00% | 1,443 |
| RSML | Reliance Spinning Mills Limited | MANUFACTURE | 4289.4 | +389.90 | 10.00% | 67,751 |
| RLEL | Ridge Line Energy Limited | HYDROPOWER | 777.8 | +70.70 | 10.00% | 1,180 |
| SOHL | Solu Hydropower Limited | HYDROPOWER | 752.6 | +68.40 | 10.00% | 384,158 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| SGHC | Swet-Ganga Hydropower and Construction Limited | HYDROPOWER | 413.2 | -10.80 | -2.55% | 54,548 |
| CORBL | Corporate Development Bank Limited | DEVBANK | 1808.1 | -31.90 | -1.73% | 439 |
| ULBSL | Upakar Laghubitta Bittiya Sanstha Limited | MICROFINANCE | 3095 | -54.00 | -1.71% | 2,512 |
| TVCL | Trishuli Jal Vidhyut Company Limited | HYDROPOWER | 599.9 | -10.10 | -1.66% | 23,061 |
| NICA | NIC Asia Bank Ltd. | BANKING | 375 | -4.00 | -1.06% | 154,648 |
Conclusion
The market rose today driven by HYDROPOWER sector strength and buying in BJHL. Positive breadth (1.25 A/D) suggests continuation.