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 Closing — 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.
Profit Booking or Fresh Buying?
Profit booking usually shows up as a close well below the high on decent turnover; fresh buying as a close near the high with rising breadth. Today the close was 15.89% of the way up a 39.95-point range, 33.60 points off the high, on turnover of Rs 7.18 billion (the index chart's traded-value series ran +46.12% versus its 20-session average). Breadth was 21 advancers to 252 decliners. A close in the lower part of the range is consistent with selling into strength.
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. For comparison, 2026-10-30 finished with 101 up and 169 down.
Candlestick Read
Today's bar classifies as a solid bearish candle (body covers most of the range), from an open of 2,690.10 through a high of 2,691.10 and a low of 2,651.15 to a close of 2,657.50. The real body spans 32.60 points with an upper shadow of 1.00 and a lower shadow of 6.35, and the close sits 15.89% of the way up the day's range. The session opened 0.05 points below the prior close.
Top 5 Losers
On the losing side JHAPA fell -4.11% to 910.00.
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| JHAPA | Jhapa Energy Limited | Others | 910.00 | -39.00 | -4.11% | 6,144 |
| SADBL | Shangrila Development Bank Ltd. | Development Banks | 400.00 | -17.00 | -4.08% | 145,340 |
| NLG | NLG Insurance Company Ltd. | Non Life Insurance | 500.00 | -19.90 | -3.83% | 11,985 |
| MEPDL | Mount Everest Power Development Limited | Hydro Power | 569.00 | -21.00 | -3.56% | 18,987 |
| RLFL | Reliance Finance Ltd. | Finance | 415.00 | -14.80 | -3.44% | 28,187 |
Next Session Outlook
On the rule set used here the next-session read is NEUTRAL, because the index closed lower, decliners outnumbered advancers, the close is above the 20-day average and the MACD histogram is positive. The reference levels are resistance at the 2,671.04 swing high (2026-09-23) and below, the swing low at 2,629.22 (2026-08-12). Treat this as a summary of what the tape shows, not as advice.