NEPSE fell 34.64 points today. OTHERS sector buying (6 stocks) and FOWAD (+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 2704.08, down -34.64 points (-1.26%) from the previous close of 2738.72. The index traded between 2697.14 (low) and 2742.58 (high), opening at 2740.05.
Today's NEPSE session saw 20 stocks advance and 20 decline — a neutral day. Here's what drove the market.
Key Drivers
- Sector rotation: OTHERS attracted buyers (6 stocks up) while HYDRO POWER faced selling (5 stocks down)
- Top mover impact: FOWAD surged +15.00% — MICROFINANCE sector leading
- Volume signal: NRN traded 223,192 shares — selling pressure
- Technical backdrop: 8/20 stocks have MACD above zero — momentum fading
RSI Signals
Top RSI-rated stocks: FOWAD (RSI: 62.8, Buy), RLEL (RSI: 64.8, Buy), SKHEL (RSI: 67.2, Buy), HFIN (RSI: 61.5, Buy), LVF2 (RSI: 60.0, Buy). 6 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| FOWAD | Forward Community Microfinance Bittiya Sanstha Ltd. | MICROFINANCE | 1260.4 | +164.40 | 15.00% | 8,710 |
| JHAPA | Jhapa Energy limited | Others | 1689 | +125.00 | 7.99% | 45,429 |
| HEIP | Himalayan Everest Insurance Limited (Promoter) | NON LIFE INSURANCE | 329 | +11.90 | 3.75% | 870 |
| CCBD88 | Century Debenture 2088 | OTHERS | 1233 | +35.70 | 2.98% | 50 |
| NICGF2 | Nic Asia Growth Fund 2 | COMMERCIAL BANKS | 9.57 | +0.26 | 2.79% | 16,175 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| CORBL | Corporate Development Bank Limited | Development Bank Limited | 2098 | -302.00 | -12.58% | 41,148 |
| MKHL | Mai Khola Hydropower Limited | HYDRO POWER | 511 | -48.00 | -8.59% | 29,227 |
| NABBC | Narayani Development Bank Limited | Development Bank Limited | 1094 | -98.00 | -8.22% | 9,424 |
| SABBL | Salapa Bikas Bank Limited | DEVELOPMENT BANKS | 1241 | -108.00 | -8.01% | 32,409 |
| SAIL | Shreenagar Agritech Industries Ltd | MANUFACTURING AND PROCESSING | 1166 | -97.00 | -7.68% | 72,345 |
Conclusion
Mixed session with no clear direction. Sector rotation between OTHERS (up) and HYDRO POWER (down) defined the day.