NEPSE fell 17.01 points today. HYDROPOWER sector buying (11 stocks) and SIPD (+14.99%) couldn't prevent the decline. Here's the full breakdown of why the market went down.
Why Did NEPSE Go Up Today?
NEPSE closed at 2787.15, down -17.01 points (-0.60%) from the previous close of 2804.17. The index traded between 2779.86 (low) and 2817.08 (high), opening at 2806.52.
Today's NEPSE session saw 20 stocks advance and 19 decline — a positive day. Here's what drove the market.
Key Drivers
- Sector rotation: HYDROPOWER attracted buyers (11 stocks up) while HYDROPOWER faced selling (10 stocks down)
- Top mover impact: SIPD surged +14.99% — HYDROPOWER sector leading
- Volume signal: RSML traded 70,340 shares — buying interest
- Technical backdrop: 4/6 stocks have MACD above zero — broadly bullish
RSI Signals
Top RSI-rated stocks: CORBL (RSI: 61.4, Buy), HHL (RSI: 55.1, Buy), JHAPA (RSI: 67.6, Buy), MANUFACTURE (RSI: 73.2, Hold), NHPC (RSI: 55.5, Buy). 4 stocks have RSI Buy signal.
Gainers vs Losers
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| SIPD | Shikhar power Development Limited | HYDROPOWER | 800.1 | +104.30 | 14.99% | 1,610 |
| PCIL | Palpa Cement Industries Limited | OTHERS | 844.7 | +110.10 | 14.99% | 4,750 |
| CORBL | Corporate Development Bank Limited | DEVBANK | 2137.2 | +180.70 | 9.24% | 21,071 |
| NABBC | Narayani Development Bank Limited | DEVBANK | 1260 | +60.00 | 5.00% | 55,117 |
| AKJCL | Ankhu Khola Jalvidhyut Company Ltd | HYDROPOWER | 393 | +10.00 | 2.61% | 674,977 |
vs
| Symbol | Company | Sector | LTP | Change | % Change | Volume |
|---|---|---|---|---|---|---|
| SKHEL | Suryakunda Hydro Electric Limited | HYDROPOWER | 1591.2 | -212.60 | -11.79% | 108,955 |
| SKHL | Super Khudi Hydropower Limited | HYDROPOWER | 1100 | -85.00 | -7.17% | 56,275 |
| GMFBS | Ganapati Microfinance Bittiya Sanstha Limited | MICROFINANCE | 1350 | -92.00 | -6.38% | 1,494 |
| RLEL | Ridge Line Energy Limited | HYDROPOWER | 1279.9 | -72.10 | -5.33% | 88,342 |
| MKHL | Mai Khola Hydropower Limited | HYDROPOWER | 630 | -31.10 | -4.70% | 16,453 |
Conclusion
The market rose today driven by HYDROPOWER sector strength and buying in SIPD. Positive breadth (1.05 A/D) suggests continuation.