NEPSE Market History
Study past events to master future patterns. Deep dive into NEPSE's rallies and crashes.
2008
1175 → 292The First Major Bubble
Index peaked at 1175 before crashing to 292. Global financial crisis and political instability.
Hard Truth: Liquidity is king. When banks stop lending, assets die.
2016
1881 PeakThe Constitution Rally
Post-earthquake reconstruction and new constitution fueled rally to 1881 points.
Hard Truth: Stability breeds confidence.
2021
1100 → 3227The COVID Liquidity Bull
Interest rates dropped to 4-5%. Massive retail entry drove NEPSE to all-time high 3227.
Hard Truth: Cheap money fuels bubbles. Watch CD ratio and base rates.
>Market Mechanics
The Anatomy of NEPSE Bulls
Interest Rates
Low FD rates = High NEPSE
NRB Rules
Caps and risk-weightage
Liquidity
No cash, no movement
Sentiments
Greed and FOMO cycle
The Eternal Truth
"History doesn't repeat, but it rhymes. NEPSE rewards those who study its cycles."