NEPSE fell 25.81 points today. Microfinance sector buying (2 stocks) and CORBL (+13.81%) 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 2744.45, down -25.81 points (-0.93%) from the previous close of 2770.26. The index traded between 2734.33 (low) and 2774.16 (high), opening at 2771.25.
Today's NEPSE session saw 5 stocks advance and 10 decline — a negative day. Here's what drove the market.
Key Drivers
- Sector rotation: Microfinance attracted buyers (2 stocks up) while Hydro Power faced selling (3 stocks down)
- Top mover impact: CORBL surged +13.81% — Development Bank Limited sector leading
- Volume signal: RSML traded 62,734 shares — selling pressure
- Technical backdrop: 9/11 stocks have MACD above zero — broadly bullish
RSI Signals
Top RSI-rated stocks: ICFCD88 (RSI: 57.8, Buy), NHPC (RSI: 58.4, Buy), EBL (RSI: 55.7, Buy), HYDROPOWER (RSI: 59.5, Buy), NABILD2089 (RSI: 55.7, Buy). 15 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| CORBL | Corporate Development Bank Limited | Development Bank Limited | 2678 | +325.00 | 13.81% | 78,592 |
| NSY | Nepal Life Samriddhi Lagani Yojana | MUTUAL | 9.67 | +0.36 | 3.87% | 18,600 |
| LLBS | Laxmi Laghubitta Bittiya Sanstha Ltd. | Microfinance | 965 | +25.00 | 2.66% | 2,430 |
| DLBS | Dhaulagiri Laghubitta Bittiya Sanstha Limited | Microfinance | 1320 | +30.00 | 2.33% | 1,292 |
| BJHL | Bhujung Hydropower Limited | Hydro Power | 1035 | +22.90 | 2.26% | 39,440 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| KBLD90 | 10% KBL Debenture 2090 | Commercial Banks | 1288.3 | -166.70 | -11.46% | 16 |
| SIPD | Shikhar power Development Limited | Hydro Power | 902.6 | -99.40 | -9.92% | 126,545 |
| PCIL | Palpa Cement Industries Limited | Manufacturing And Processing | 958.1 | -80.90 | -7.79% | 208,142 |
| TVCL | Trishuli Jal Vidhyut Company Limited | Hydro Power | 520 | -39.00 | -6.98% | 29,418 |
| JHAPA | Jhapa Energy limited | Others | 1630 | -101.00 | -5.83% | 24,218 |
Conclusion
Selling dominated today with Hydro Power leading declines. Negative breadth (0.50 A/D) suggests caution.