NEPSE rallied 1.77 points today. HYDRO POWER sector buying (10 stocks) and MEL (+5.26%) drove the gains. Here's the full breakdown of why the market went up.
Why Did NEPSE Stay Mixed Today?
NEPSE closed at 2731.94, up +1.77 points (+0.06%) from the previous close of 2730.17. The index traded between 2724.88 (low) and 2744.05 (high), opening at 2726.98.
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 (10 stocks up) while HYDRO POWER faced selling (10 stocks down)
- Top mover impact: MEL surged +5.26% — HYDRO POWER sector leading
- Volume signal: UNHPL traded 657,030 shares — selling pressure
- Technical backdrop: 0/20 stocks have MACD above zero — momentum fading
RSI Signals
Top RSI-rated stocks: MBL (RSI: 57.2, Buy), SHINE (RSI: 61.6, Buy), HEI (RSI: 62.7, Buy), LSL (RSI: 59.5, Buy), NLICL (RSI: 59.8, Buy). 20 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| MEL | Modi Energy Limited | HYDRO POWER | 238 | +11.90 | 5.26% | 37,155 |
| RBCL | Rastriya Beema Company Limited | NON LIFE INSURANCE | 15400 | +500.00 | 3.36% | 185 |
| VLUCL | Vision Lumbini Urja Company Limited | HYDRO POWER | 487 | +13.90 | 2.94% | 1,947 |
| BPCL | Butwal Power Company Limited | HYDRO POWER | 695.9 | +18.40 | 2.72% | 59,629 |
| HIDCLP | Hydorelectricity Investment and Development Company Limited Promoter | INVESTMENT | 206.6 | +4.30 | 2.13% | 153,984 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| UNHPL | Union Hydropower Limited | HYDRO POWER | 455 | -79.00 | -14.79% | 657,030 |
| CREST | Crest Micro Life Insurance Limited | LIFE INSURANCE | 1137.8 | -70.20 | -5.81% | 8,824 |
| NRM | Nepal Republic Media Limited | OTHERS | 358 | -17.10 | -4.56% | 48,200 |
| SPC | Samling Power Company Limited | HYDRO POWER | 452 | -11.90 | -2.57% | 5,245 |
| RAWA | Rawa Energy Development Limited | HYDRO POWER | 588 | -15.00 | -2.49% | 240 |
Conclusion
Mixed session with no clear direction. Sector rotation between HYDRO POWER (up) and HYDRO POWER (down) defined the day.