Why Did NEPSE Go Up Today?
NEPSE closed at 2760.02, up +83.33 points (+3.11%) from the previous close of 2676.68. The index traded between 2670.06 (low) and 2776.07 (high), opening at 2674.93.
Today's NEPSE session saw 20 stocks advance and 4 decline — a positive day. Here's what drove the market.
Key Drivers
- Sector rotation: HYDROPOWER attracted buyers (17 stocks up) while OTHER faced selling (1 stocks down)
- Top mover impact: NHPC surged +10.00% — HYDROPOWER sector leading
- Volume signal: RSML traded 325,573 shares — selling pressure
- Technical backdrop: 10/10 stocks have MACD above zero — broadly bullish
RSI Signals
Top RSI-rated stocks: MBL (RSI: 50.5, Buy), NICA (RSI: 54.6, Buy), UPPER (RSI: 51.3, Buy), USHEC (RSI: 53.4, Hold). 3 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| NHPC | National Hydro Power Company Limited | HYDROPOWER | 276.1 | +25.10 | 10.00% | 991,508 |
| RIDI | Ridi Power Company Ltd. | HYDROPOWER | 347.6 | +31.60 | 10.00% | 894,129 |
| BJHL | Bhujung Hydropower Limited | HYDROPOWER | 847 | +77.00 | 10.00% | 1,410 |
| ULBSL | Upakar Laghubitta Bittiya Sanstha Limited | MICROFINANCE | 3289 | +299.00 | 10.00% | 3,895 |
| SKHEL | Suryakunda Hydro Electric Limited | HYDROPOWER | 553.6 | +50.30 | 9.99% | 120 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| CYCLP | CYCLP | OTHER | 847 | -17.00 | -1.97% | 3,744 |
| RSML | Reliance Spinning Mills Limited | MANUFACTURE | 3509 | -57.00 | -1.60% | 83,826 |
| NABBC | Narayani Development Bank Limited | DEVBANK | 1169 | -14.50 | -1.23% | 22,534 |
| BGWT | Bhagawati Hydropower Development Company Ltd | HYDROPOWER | 715 | -5.00 | -0.69% | 5,089 |
Conclusion
The market rose today driven by HYDROPOWER sector strength and buying in NHPC. Positive breadth (5.00 A/D) suggests continuation.