Complete NEPSE analysis for 2026-05-04: Index 2704.08 (-34.64 pts, -1.26%). 20 up, 20 down. RSI 6 Buy. MACD 10% positive (market-wide). Tomorrow: cautious.
NEPSE Full Analysis — 2026-05-04
NEPSE closed at 2704.08, down -34.64 points (-1.26%) from the previous close of 2738.72. The index traded between 2697.14 (low) and 2742.58 (high), opening at 2740.05.
Sector Indices: Banking 1421.96 (-0.86%), Hydropower 3763.58 (-2.23%), Finance 2334.81 (-0.96%).
Market Overview
- Advancing: 20 | Declining: 20 | A/D: 1.00
- Top Gainer: FOWAD (+15.00%)
- Top Loser: CORBL (-12.58%)
- Volume Leader: NRN (223,192)
Top 10 Gainers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| FOWAD | Forward Community Microfinance Bittiya Sanstha Ltd. | MICROFINANCE | 1260.4 | +164.40 | 15.00% | 8,710 |
| JHAPA | Jhapa Energy limited | Others | 1689 | +125.00 | 7.99% | 45,429 |
| HEIP | Himalayan Everest Insurance Limited (Promoter) | NON LIFE INSURANCE | 329 | +11.90 | 3.75% | 870 |
| CCBD88 | Century Debenture 2088 | OTHERS | 1233 | +35.70 | 2.98% | 50 |
| NICGF2 | Nic Asia Growth Fund 2 | COMMERCIAL BANKS | 9.57 | +0.26 | 2.79% | 16,175 |
| CBLD88 | 10.25% Civil Bank Debenture 2088 | COMMERCIAL BANKS | 1185 | +30.00 | 2.60% | 30 |
| RMF1 | RBB Mutual Fund 1 | OTHERS | 10 | +0.24 | 2.46% | 5,199 |
| EBLD91 | Everest Bank Limited Rinpatra 2091 | OTHERS | 1080 | +23.90 | 2.26% | 125 |
| GMLI | Guardian Micro Life Insurance Limited | LIFE INSURANCE | 1308.9 | +28.90 | 2.26% | 2,857 |
| RBBF40 | RBB FOCUS 40 | OTHERS | 9.4 | +0.19 | 2.06% | 1,800 |
Top 10 Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| CORBL | Corporate Development Bank Limited | Development Bank Limited | 2098 | -302.00 | -12.58% | 41,148 |
| MKHL | Mai Khola Hydropower Limited | HYDRO POWER | 511 | -48.00 | -8.59% | 29,227 |
| NABBC | Narayani Development Bank Limited | Development Bank Limited | 1094 | -98.00 | -8.22% | 9,424 |
| SABBL | Salapa Bikas Bank Limited | DEVELOPMENT BANKS | 1241 | -108.00 | -8.01% | 32,409 |
| SAIL | Shreenagar Agritech Industries Ltd | MANUFACTURING AND PROCESSING | 1166 | -97.00 | -7.68% | 72,345 |
| BJHL | Bhujung Hydropower Limited | Hydro Power | 960 | -75.00 | -7.25% | 11,405 |
| SIPD | Shikhar power Development Limited | HYDRO POWER | 905 | -69.00 | -7.08% | 37,868 |
| AKJCL | Ankhu Khola Jalvidhyut Company Ltd | HYDRO POWER | 351 | -24.00 | -6.40% | 424,809 |
| PCIL | Palpa Cement Industries Limited | Manufacturing And Processing | 888 | -60.00 | -6.33% | 111,017 |
| SYPNL | SY Panel Nepal Limited | Manufacturing And Processing | 1408 | -89.00 | -5.95% | 45,235 |
Top 10 Turnover
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| NRN | NRN Infrastructure and Development Limited | INVESTMENT | 1395 | -48.00 | -3.33% | 223,192 |
| RSML | Reliance Spinning Mills Limited | MANUFACTURING AND PROCESSING | 3720 | -130.20 | -3.38% | 47,038 |
| NHPC | National Hydro Power Company Limited | Hydro Power | 283 | -13.00 | -4.39% | 547,062 |
| AKJCL | Ankhu Khola Jalvidhyut Company Ltd | HYDRO POWER | 351 | -24.00 | -6.40% | 424,809 |
| NICA | NIC Asia Bank Ltd. | COMMERCIAL BANKS | 359.4 | +1.40 | 0.39% | 327,440 |
| PCIL | Palpa Cement Industries Limited | Manufacturing And Processing | 888 | -60.00 | -6.33% | 111,017 |
| NGPL | Ngadi Group Power Ltd. | HYDRO POWER | 426.9 | -10.10 | -2.31% | 230,324 |
| KBL | Kumari Bank Limited | COMMERCIAL BANKS | 214 | -3.30 | -1.52% | 443,235 |
| SOHL | Solu Hydropower Limited | HYDRO POWER | 668 | -42.00 | -5.92% | 129,243 |
| CORBL | Corporate Development Bank Limited | Development Bank Limited | 2098 | -302.00 | -12.58% | 41,148 |
Technical Snapshot
| Signal | Value |
|---|---|
| RSI Buy Signals | 6 |
| MACD Bullish Crosses | 3 |
| MACD Above Zero | 8/20 (40%) |
| Bullish Divergence | 0 |
| Bearish Divergence | 2 |
| Volume Confirmed | 2 |
Sector Performance
| Status | Count | Avg Score | Min | Max |
|---|---|---|---|---|
| Bullish | 7 | 85.0 | 85 | 85 |
| Improving | 12 | 65.0 | 65 | 65 |
| Neutral | 2 | 49.8 | 47.25 | 52.25 |
| Weakening | 35 | 45.0 | 45 | 45 |
| Bearish | 297 | 25.0 | 25 | 25 |
Tomorrow Outlook
NEUTRAL — Negative breadth suggests caution. Watch CORBL support at Rs. 2040 — a hold above this level would be constructive.
Stocks to watch: FOWAD (RSI: Buy), RLEL (RSI: Buy), SKHEL (RSI: Buy). Volume watchlist: NRN, RSML, NHPC.