NEPSE rallied 1.54 points today. HYDROPOWER sector buying (9 stocks) and MKHL (+15.00%) drove the gains. Here's the full breakdown of why the market went up.
Why Did NEPSE Go Up Today?
NEPSE closed at 2788.70, up +1.54 points (+0.05%) from the previous close of 2787.15. The index traded between 2759.55 (low) and 2795.98 (high), opening at 2795.22.
Today's NEPSE session saw 20 stocks advance and 19 decline — a positive day. Here's what drove the market.
Key Drivers
- Sector rotation: HYDROPOWER attracted buyers (9 stocks up) while HYDROPOWER faced selling (13 stocks down)
- Top mover impact: MKHL surged +15.00% — HYDROPOWER sector leading
- Volume signal: RIDI traded 757,372 shares — buying interest
- Technical backdrop: 9/9 stocks have MACD above zero — broadly bullish
RSI Signals
Top RSI-rated stocks: CORBL (RSI: 68.8, Buy), JHAPA (RSI: 66.3, Buy), MANUFACTURE (RSI: 74.5, Hold), NHPC (RSI: 57.4, Buy), JBBL (RSI: 52.1, Buy). 7 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| MKHL | Mai Khola Hydropower Limited | HYDROPOWER | 724.5 | +94.50 | 15.00% | 13,456 |
| PCIL | Palpa Cement Industries Limited | OTHERS | 971.4 | +126.70 | 15.00% | 9,130 |
| SIPD | Shikhar power Development Limited | HYDROPOWER | 920.1 | +120.00 | 15.00% | 1,770 |
| CORBL | Corporate Development Bank Limited | DEVBANK | 2407 | +269.80 | 12.62% | 60,206 |
| SAIL | Shreenagar Agritech Industries Ltd | MANUFACTURE | 1218 | +57.00 | 4.91% | 50,944 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| MCHL | Menchhiyam Hydropower Limited | HYDROPOWER | 350.3 | -12.70 | -3.50% | 8,872 |
| EHPL | Eastern Hydropower Limited | HYDROPOWER | 390 | -12.00 | -2.99% | 66,684 |
| BNHC | Buddha Bhumi Nepal Hydro Power Co. Ltd. | HYDROPOWER | 329 | -9.00 | -2.66% | 32,814 |
| NRIC | Nepal Reinsurance Company Limited | OTHERS | 917 | -24.10 | -2.56% | 140,036 |
| BGWT | Bhagawati Hydropower Development Company Ltd | HYDROPOWER | 735 | -19.00 | -2.52% | 4,079 |
Conclusion
The market rose today driven by HYDROPOWER sector strength and buying in MKHL. Positive breadth (1.05 A/D) suggests continuation.