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 Full Analysis — 2026-11-02
NEPSE closed at 2,657.50, down 32.65 points (-1.21%) from the previous close of 2,690.15. Intraday the index ranged from 2,651.15 to 2,691.10 after opening at 2,690.10.
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. The previous session (2026-10-30) had 101 advancers against 169 decliners.
Sub-Index Performance
0 of 13 sub-indices closed higher. Hotels and Tourism led with -0.63% while Development Bank lagged at -1.88%.
| Sub-index | Close | Change | % Change |
|---|---|---|---|
| Hotels and Tourism | 7,017.47 | -44.62 | -0.63% |
| Mutual Fund | 19.88 | -0.15 | -0.75% |
| Trading | 3,181.99 | -27.86 | -0.87% |
| Manufacturing and Processing | 10,632.33 | -97.47 | -0.91% |
| Banking | 1,593.73 | -17.34 | -1.08% |
| Hydropower | 3,656.73 | -39.95 | -1.08% |
| Microfinance | 4,497.71 | -53.11 | -1.17% |
| Investment | 94.41 | -1.37 | -1.43% |
| Life Insurance | 11,888.29 | -177.94 | -1.47% |
| Finance | 2,213.73 | -34.50 | -1.53% |
| Others | 1,803.80 | -29.60 | -1.61% |
| Non-Life Insurance | 9,423.88 | -165.30 | -1.72% |
| Development Bank | 5,548.28 | -106.44 | -1.88% |
Top 5 Gainers
BENH topped the gainers board, +13.58% to 806.10. 1 of the top five gained 10% or more.
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| BENH | Beni Hydropower Project Limited | Hydro Power | 806.10 | +96.40 | +13.58% | 95,069 |
| MAKAR | Makar Jitumaya Suri Hydropower Limited | Hydro Power | 460.00 | +37.10 | +8.77% | 451,546 |
| MHL | Mandakini Hydropower Limited | Hydro Power | 495.70 | +25.70 | +5.47% | 40,101 |
| NICA | NIC Asia Bank Ltd. | Commercial Banks | 341.00 | +10.00 | +3.02% | 518,394 |
| BPCL | Butwal Power Company Limited | Hydro Power | 730.00 | +17.70 | +2.48% | 188,732 |
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 |
Technical Snapshot
Technically, the close is above the 20-day SMA of 2,615.91 (+1.59%), above the 50-day SMA of 2,605.48 (+2.00%), below the 200-day SMA of 2,690.63. RSI(14) is 58.61, in the neutral zone. MACD(12,26,9) prints 18.53 versus a 9.96 signal line; the histogram is positive at +8.57 and narrowing session on session.
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 support at the 2,629.22 swing low (2026-08-12). Treat this as a summary of what the tape shows, not as advice.