NEPSE 2026-09-16: index 2,612.42 (-21.20 pts, -0.80%). Breadth 43 up, 224 down; turnover Rs 5.39 billion; top gainer NABBC +6.37%. Read: neutral.
NEPSE Today Full Analysis — 2026-09-16
At the close NEPSE stood at 2,612.42, a move of -21.20 points (-0.80%) on the day from 2,633.62. It opened at 2,635.31 and traded between 2,604.04 (low) and 2,639.41 (high).
Market Breadth
Market breadth: 43 advanced, 224 declined and 12 closed unchanged among the equities traded, an advance/decline ratio of 0.19. Advancers were 15.41% of the 279 equities counted, on a day when 350 scrips changed hands overall.
Sub-Index Performance
Sub-index scorecard: 0 of 13 higher, Manufacturing and Processing on top (-0.55%), Hydropower at the bottom (-1.04%).
| Sub-index | Close | Change | % Change |
|---|---|---|---|
| Manufacturing and Processing | 10,620.39 | -58.92 | -0.55% |
| Mutual Fund | 19.51 | -0.12 | -0.61% |
| Banking | 1,478.89 | -9.47 | -0.64% |
| Trading | 3,275.42 | -23.21 | -0.70% |
| Development Bank | 5,452.40 | -40.14 | -0.73% |
| Finance | 2,262.82 | -17.51 | -0.77% |
| Investment | 97.62 | -0.80 | -0.81% |
| Microfinance | 4,509.90 | -37.73 | -0.83% |
| Hotels and Tourism | 7,124.96 | -61.70 | -0.86% |
| Others | 1,838.53 | -16.27 | -0.88% |
| Non-Life Insurance | 9,745.87 | -89.97 | -0.91% |
| Life Insurance | 11,642.71 | -118.90 | -1.01% |
| Hydropower | 3,611.01 | -37.97 | -1.04% |
Top 5 Gainers
The strongest close belonged to NABBC, +6.37% at 745.00.
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| NABBC | Narayani Development Bank Limited | Development Banks | 745.00 | +44.60 | +6.37% | 39,738 |
| HDHPC | Himal Dolakha Hydropower Company Limited | Hydro Power | 228.00 | +11.50 | +5.31% | 1,663,890 |
| MEPDL | Mount Everest Power Development Limited | Hydro Power | 703.00 | +29.50 | +4.38% | 68,537 |
| KMCDB | Kalika Laghubitta Bittiya Sanstha Ltd | Microfinance | 854.00 | +35.50 | +4.34% | 15,417 |
| BNL | Bottlers Nepal (Balaju) Limited | Manufacturing and Processing | 14,000.00 | +485.00 | +3.59% | 35 |
Top 5 Losers
On the losing side RLEL fell -5.21% to 784.90.
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| RLEL | Ridge Line Energy Limited | Hydro Power | 784.90 | -43.10 | -5.21% | 15,646 |
| NWCL | Nepal Warehousing Company Limited | Others | 590.10 | -30.80 | -4.96% | 3,568 |
| SMFBS | Swabhimaan Laghubitta Bittiya Sanstha Limited | Microfinance | 1,375.00 | -66.00 | -4.58% | 302 |
| SINDU | Sindhu Bikash Bank Ltd | Development Banks | 430.00 | -20.00 | -4.44% | 49,440 |
| MLBS | Manushi Laghubitta Bittiya Sanstha Limited | Microfinance | 1,020.00 | -46.00 | -4.32% | 258 |
Technical Snapshot
Technically, the close is above the 20-day SMA of 2,579.47 (+1.28%), below the 50-day SMA of 2,626.19 (-0.52%), below the 200-day SMA of 2,689.06. The 14-day RSI sits at 53.57, which is neutral territory. MACD(12,26,9) prints -14.01 versus a -24.12 signal line; the histogram is positive at +10.11 and widening session on session.
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. Levels to watch: the nearest swing high at 2,656.54 (2026-08-13) and support at the 2,602.39 swing low (2026-07-01). Treat this as a summary of what the tape shows, not as advice.