NEPSE Today: Key Stock Movements
The NEPSE index closed at 2,831.39 on March 30, 2026, down 47.71 points (-1.65%). While the headline number tells a story of broad weakness, individual stock movements reveal a more nuanced picture. Let us look at the stocks that defined today's market.
Top Performing Stocks
Circuit Hitters (+10%)
Four stocks hit the 10% upper circuit today, defying the bearish trend:
- RLEL (Rs. 363): Others sector stock surged on limited volume of 130 shares. Small float stock with speculative interest.
- RSML (Rs. 2,435.80): Reliance Spinning Mills gained 10% on 2,247 shares. Manufacturing strength continued.
- HFIN (Rs. 318): Hotels sector representative gained 10% on 430 shares despite sector weakness.
- BJHL (Rs. 526): Hydropower stock surged 10% on 270 shares. Strong buying interest despite sector decline.
Near-Circuit Gainers
- SKHL (Rs. 439.20, +9.99%): Hydropower, 190 shares
- SKHEL (Rs. 343.90, +9.98%): Others, 70 shares
- SAPDBL (Rs. 1,048.30, +9.83%): Dev Bank, notable volume
Worst Performing Stocks
- SOHL (Rs. 675, -7.79%): The biggest loser of the day. Hydropower stock crashed on massive volume of 402,902 shares — a clear sign of institutional selling.
- UNLB (Rs. 1,680, -7.23%): Microfinance heavyweight under severe selling pressure.
- CYCL (Rs. 1,630, -6.86%): Another microfinance casualty of profit-booking.
- MPFL (Rs. 656, -4.93%): Finance sector stock hit hard with 28,928 shares traded.
Volume Leaders Analysis
Volume tells the real story of market conviction. Here are today's volume leaders and what their activity means:
- RIDI (1,779,480 shares, Rs. 684M): The most actively traded stock. Hydropower giant saw massive churning. The slight price increase (+0.8%) on huge volume suggests accumulation despite the market decline — potentially bullish.
- NHPC (1,232,205 shares, Rs. 379M): Heavy selling volume with price decline of -2.9%. Distribution pattern.
- API (1,092,308 shares, Rs. 386M): Strong volume with +0.45% gain. Like RIDI, showing relative strength.
- NGPL (930,482 shares, Rs. 438M): Significant volume with +0.64% gain. Accumulation pattern despite sector weakness.
- SHIVM (639,693 shares, Rs. 438M): Manufacturing heavyweight traded heavily with price under pressure.
Market Sentiment Indicators
Fear vs Greed
Today's market sentiment leans heavily toward Fear. The broad-based decline, heavy volume in losers, and lack of sectoral safe havens all point to a risk-off environment. However, the strength in select hydropower stocks (RIDI, API, NGPL gaining on high volume) suggests that smart money may be positioning for a bounce.
Breadth Analysis
Advancing stocks were vastly outnumbered by declining stocks. Only circuit-hitting small-caps and a few hydropower names managed gains, while the rest of the market was uniformly red.
Stocks to Watch Tomorrow
- RIDI: Heavy accumulation pattern — watch for continuation
- SOHL: Oversold after -7.79% crash — potential dead cat bounce
- SAPDBL: Dev bank gainer with momentum — could continue
- Banking stocks: Watch for oversold bounce opportunities