NEPSE fell 10.08 points today. HYDRO POWER sector buying (8 stocks) and UNHPL (+11.25%) 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 2730.17, down -10.08 points (-0.37%) from the previous close of 2740.25. The index traded between 2717.45 (low) and 2743.25 (high), opening at 2743.25.
Today's NEPSE session saw 19 stocks advance and 20 decline — a negative day. Here's what drove the market.
Key Drivers
- Sector rotation: HYDRO POWER attracted buyers (8 stocks up) while HYDRO POWER faced selling (9 stocks down)
- Top mover impact: UNHPL surged +11.25% — HYDRO POWER sector leading
- Volume signal: HRL traded 600,022 shares — selling pressure
- Technical backdrop: 0/19 stocks have MACD above zero — momentum fading
RSI Signals
Top RSI-rated stocks: LSL (RSI: 58.2, Buy), PURE (RSI: 55.6, Buy), HDL (RSI: 56.0, Buy), JBLB (RSI: 63.8, Buy), MFIL (RSI: 56.0, Buy). 20 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| UNHPL | Union Hydropower Limited | HYDRO POWER | 534 | +54.00 | 11.25% | 306,888 |
| CREST | Crest Micro Life Insurance Limited | LIFE INSURANCE | 1208 | +102.00 | 9.22% | 9,625 |
| NIBLSTF | NIBL Stable Fund | COMMERCIAL BANKS | 9.43 | +0.33 | 3.63% | 2,820 |
| NMBHF2 | NMB Hybrid Fund L- II | COMMERCIAL BANKS | 9.78 | +0.27 | 2.84% | 20,100 |
| H8020 | Himalayan 80-20 | COMMERCIAL BANKS | 11.9 | +0.32 | 2.76% | 2,600 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| AHL | Asian Hydropower Limited | HYDRO POWER | 510 | -56.00 | -9.89% | 14,691 |
| HRL | Himalayan Reinsurance Limited | OTHERS | 626 | -51.10 | -7.55% | 600,022 |
| NABBC | Narayani Development Bank Limited | DEVELOPMENT BANKS | 940 | -59.00 | -5.91% | 17,753 |
| RLEL | Ridge Line Energy Limited | HYDRO POWER | 1004 | -50.00 | -4.74% | 24,421 |
| BJHL | Bhujung Hydropower Limited | HYDRO POWER | 918.3 | -41.70 | -4.34% | 12,654 |
Conclusion
Selling dominated today with HYDRO POWER leading declines. Negative breadth (0.95 A/D) suggests caution.