NEPSE fell 33.83 points today. HYDROPOWER sector buying (7 stocks) and RLEL (+10.00%) couldn't prevent the decline. Here's the full breakdown of why the market went down.
Why Did NEPSE Go Down Today?
NEPSE closed at 2833.03, down -33.83 points (-1.18%) from the previous close of 2866.87. The index traded between 2822.68 (low) and 2869.51 (high), opening at 2868.87.
Today's NEPSE session saw 19 stocks advance and 20 decline — a negative day. Here's what drove the market.
Key Drivers
- Sector rotation: HYDROPOWER attracted buyers (7 stocks up) while HYDROPOWER faced selling (12 stocks down)
- Top mover impact: RLEL surged +10.00% — HYDROPOWER sector leading
- Volume signal: RSML traded 139,995 shares — selling pressure
- Technical backdrop: 11/11 stocks have MACD above zero — broadly bullish
RSI Signals
Top RSI-rated stocks: HHL (RSI: 67.5, Buy), NHPC (RSI: 61.6, Buy), UNL (RSI: 54.7, Buy), FOWAD (RSI: 64.7, Buy), HPPL (RSI: 66.0, Buy). 11 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| RLEL | Ridge Line Energy Limited | HYDROPOWER | 1138.6 | +103.50 | 10.00% | 3,650 |
| SKHEL | Suryakunda Hydro Electric Limited | HYDROPOWER | 1078.3 | +98.00 | 10.00% | 1,260 |
| SIPD | SIPD | OTHER | 416 | +37.80 | 9.99% | 190 |
| HFIN | Hotel Forest Inn Limited | HOTELS | 997.2 | +90.60 | 9.99% | 5,240 |
| PCIL | Palpa Cement Industries Limited | OTHERS | 439.2 | +39.90 | 9.99% | 420 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| SINDU | Sindhu Bikash Bank Ltd | DEVBANK | 755 | -79.00 | -9.47% | 99,720 |
| BEDC | Bhugol Energy Development Company Limited | HYDROPOWER | 438 | -37.00 | -7.79% | 711,429 |
| BJHL | Bhujung Hydropower Limited | HYDROPOWER | 1191 | -95.00 | -7.39% | 55,216 |
| CREST | Crest Micro Life Insurance Ltd. | LIFEINSU | 1230 | -60.00 | -4.65% | 30,069 |
| KKHC | Khanikhola Hydropower Co. Ltd. | HYDROPOWER | 276 | -13.00 | -4.50% | 88,231 |
Conclusion
Selling dominated today with HYDROPOWER leading declines. Negative breadth (0.95 A/D) suggests caution.