NEPSE fell 1.64 points today. COMMERCIAL BANKS sector buying (11 stocks) and FOWAD (+13.74%) 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 2711.22, down -1.64 points (-0.06%) from the previous close of 2712.86. The index traded between 2705.55 (low) and 2724.27 (high), opening at 2718.07.
Today's NEPSE session saw 17 stocks advance and 19 decline — a negative day. Here's what drove the market.
Key Drivers
- Sector rotation: COMMERCIAL BANKS attracted buyers (11 stocks up) while HYDRO POWER faced selling (9 stocks down)
- Top mover impact: FOWAD surged +13.74% — MICROFINANCE sector leading
- Volume signal: SOHL traded 305,806 shares — selling pressure
- Technical backdrop: 3/18 stocks have MACD above zero — momentum fading
RSI Signals
Top RSI-rated stocks: FOWAD (RSI: 59.1, Buy), SIGS3 (RSI: 55.1, Buy), ULHC (RSI: 58.5, Buy), NBLD87 (RSI: 62.8, Buy), SEF (RSI: 58.4, Buy). 7 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| FOWAD | Forward Microfinance Laghubitta Bittiya Sanstha Limited | MICROFINANCE | 1300 | +157.00 | 13.74% | 21,202 |
| ULHC | Upper Lohore Khola Hydropower Company Limited | HYDRO POWER | 570 | +32.00 | 5.95% | 203,859 |
| NICGF2 | NIC ASIA Growth Fund-2 | COMMERCIAL BANKS | 9.78 | +0.48 | 5.16% | 2,900 |
| SIGS3 | Siddhartha Investment Growth Scheme 3 | COMMERCIAL BANKS | 10.9 | +0.48 | 4.61% | 25,723 |
| KBLD90 | 10% KBL Debenture 2090 | COMMERCIAL BANKS | 1236 | +46.00 | 3.87% | 225 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| BGWT | Bhagawati Hydropower Development Company Limited | HYDRO POWER | 628.6 | -61.40 | -8.90% | 4,989 |
| NABBC | Narayani Development Bank Limited | DEVELOPMENT BANKS | 1020 | -80.00 | -7.27% | 7,039 |
| MEL | Modi Energy Limited | HYDRO POWER | 229 | -10.00 | -4.18% | 48,116 |
| SIPD | Shikhar power Development Limited | HYDRO POWER | 865 | -35.00 | -3.89% | 24,250 |
| GMLI | Guardian Micro Life Insurance Limited | LIFE INSURANCE | 1280 | -50.00 | -3.76% | 3,134 |
Conclusion
Selling dominated today with HYDRO POWER leading declines. Negative breadth (0.89 A/D) suggests caution.