NEPSE fell 5.73 points today. Hydro Power sector buying (9 stocks) and MKHL (+15.00%) couldn't prevent the decline. Here's the full breakdown of why the market went down.
Why Did NEPSE Stay Mixed Today?
NEPSE closed at 2738.72, down -5.73 points (-0.21%) from the previous close of 2744.45. The index traded between 2708.34 (low) and 2745.55 (high), opening at 2744.45.
Today's NEPSE session saw 20 stocks advance and 20 decline — a neutral day. Here's what drove the market.
Key Drivers
- Sector rotation: Hydro Power attracted buyers (9 stocks up) while Hydro Power faced selling (13 stocks down)
- Top mover impact: MKHL surged +15.00% — Hydro Power sector leading
- Volume signal: RIDI traded 757,372 shares — buying interest
- Technical backdrop: 6/13 stocks have MACD above zero — momentum fading
RSI Signals
Top RSI-rated stocks: CORBL (RSI: 61.7, Buy), RLEL (RSI: 68.7, Buy), GRDBL (RSI: 57.4, Buy), JHAPA (RSI: 63.0, Buy), ANLB (RSI: 58.4, Buy). 8 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| MKHL | Mai Khola Hydropower Limited | Hydro Power | 724.5 | +94.50 | 15.00% | 10,618 |
| PCIL | Palpa Cement Industries Limited | Manufacturing And Processing | 971.4 | +126.70 | 15.00% | 108,003 |
| SIPD | Shikhar power Development Limited | Hydro Power | 920.1 | +120.00 | 15.00% | 62,190 |
| CORBL | Corporate Development Bank Limited | Development Bank Limited | 2407 | +269.80 | 12.62% | 47,404 |
| SAIL | Shreenagar Agritech Industries Ltd | Manufacturing And Processing | 1218 | +57.00 | 4.91% | 84,231 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| MCHL | Menchhiyam Hydropower Limited | Hydro Power | 350.3 | -12.70 | -3.50% | 20,167 |
| RBCLPO | RBCLPO | OTHER | 11901 | -367.00 | -2.99% | 0 |
| EHPL | Eastern Hydropower Limited | Hydro Power | 390 | -12.00 | -2.99% | 24,360 |
| BNHC | Buddha Bhumi Nepal Hydro Power Co. Ltd. | Hydro Power | 329 | -9.00 | -2.66% | 8,218 |
| NRIC | Nepal Reinsurance Company Limited | Others | 917 | -24.10 | -2.56% | 39,461 |
Conclusion
Mixed session with no clear direction. Sector rotation between Hydro Power (up) and Hydro Power (down) defined the day.