NEPSE 2026-11-02: index 2,657.50 (-32.65 pts, -1.21%). Breadth 21 up, 252 down; turnover Rs 7.18 billion; top gainer BENH +13.58%. Read: neutral.
NEPSE Today — 2026-11-02
At the close NEPSE stood at 2,657.50, a move of -32.65 points (-1.21%) on the day from 2,690.15. Intraday the index ranged from 2,651.15 to 2,691.10 after opening at 2,690.10.
What Moved the Index
The index lost 32.65 points. The data shows where that came from rather than why: 0 sub-indices rose and 13 fell. The sub-indices that closed lower were led down by Non-Life Insurance (-1.72%), Development Bank (-1.88%). The Banking sub-index closed at 1,593.73 (-1.08%). Breadth was 21 advancers to 252 decliners, so the move was broad-based.
Sector Leaders and Laggards
The weak spots were Development Bank (-1.88%), Non-Life Insurance (-1.72%), Others (-1.61%). The best-placed scrip from each sector inside the top-20 gainers: BENH in Hydro Power (+13.58%), NICA in Commercial Banks (+3.02%), UNL in Manufacturing and Processing (+2.39%), SINDU in Development Banks (+0.97%).
Market Breadth
Market breadth: 21 advanced, 252 declined and 6 closed unchanged among the equities traded, an advance/decline ratio of 0.08. Advancers were 7.53% of the 279 equities counted, on a day when 343 scrips changed hands overall. On 2026-10-30 the count was 101 advancers to 169 decliners.
Banking, Hydropower and Finance
The three sub-indices in focus: Banking finished at 1,593.73 (-17.34 points, -1.08%) with an intraday range of 1,588.10 to 1,614.05; Hydropower finished at 3,656.73 (-39.95 points, -1.08%) with an intraday range of 3,641.48 to 3,696.38; Finance finished at 2,213.73 (-34.50 points, -1.53%) with an intraday range of 2,210.21 to 2,244.31.
Next Session Outlook
Scoring the close by fixed rules gives NEUTRAL: the index closed lower, decliners outnumbered advancers, the close is above the 20-day average and the MACD histogram is positive. Marking the chart: resistance at the 2,671.04 swing high (2026-09-23) and below, the swing low at 2,629.22 (2026-08-12). It reflects the closing numbers only; it is not investment advice.