NEPSE closed higher at 2,654.28 on turnover that ran well above its recent median, though breadth narrowed sharply from the prior session.

NepseFlow MarketsSeptember 22, 20264 min read

Executive Summary

The index finished the session at 2,654.28, a gain of +0.26%, with turnover rising to Rs 7.05 Arba — a reading that sits well above the trailing median and marks a third consecutive advancing session for the benchmark. The advance was not uniform: the advance-decline ratio of 1.01 was materially weaker than the prior session's reading, indicating that participation narrowed even as the headline index moved higher.

Sector performance was led by Commercial Banks at a median change of +0.47%, while Finance lagged at -0.90%. Three counters — MANDU, HDL and CBLD88 — each extended up streaks of 3 sessions.

Markets Today

The benchmark opened at 2,650.77, traded between 2,638.92 and 2,662.67, and settled at 2,654.28 against a previous close of 2,647.22. The net change for the session was 7.06, equivalent to +0.26%.

Activity was elevated relative to recent norms: 70,691 transactions were recorded across 21,589,761 shares and 356 traded scripts, producing turnover of Rs 7.05 Arba. This is the third straight session in which the index has advanced, with a cumulative gain of roughly one and a half percent over that stretch.

Breadth

Advancers numbered 171 against 169 decliners, leaving 16 scripts unchanged and an advance-decline ratio of 1.01. That ratio is markedly lower than the prior session's reading, a divergence worth noting given the index closed higher.

The session produced 1 positive circuit hits and 0 negative circuit hits. New fifty-two-week highs totalled 1 against 1 new lows.

Sector Performance

Commercial Banks was the strongest sector by median change at +0.47%, with breadth of fifteen advancing names against four declining. MSHL was the sector's most prominent gainer at +14.99%.

At the other end, Finance recorded a median change of -0.90% on breadth of five advancing names against nine declining.

Top Movers

MSHL led the gainers at +14.99%, while SNORL was the weakest name at -8.23%. HATHY recorded the highest turnover of the session.

Three counters extended their up streaks to 3 sessions: MANDU, HDL and CBLD88.

Key Observations

The session's defining feature is the divergence between the index and breadth: the benchmark gained +0.26% while the advance-decline ratio fell to 1.01 from a substantially higher reading in the prior session. Turnover of Rs 7.05 Arba was well above the trailing median, so the advance occurred on heavier participation rather than thin volume.

On the events calendar, H8020 carried a book-close date of 2026-09-22, with NBF2 and NBF3 scheduled for 2026-09-23. These dates are relevant to holders of the respective instruments.

Technical snapshot & sector sentiment

The NEPSE index closed at 2,654.28 (+0.26%). On the latest completed session, RSI(14) read 59.9 (neutral) and the index sat above its 50-session average by 0.80%. Our regime classifier reads down-trending, low volatility. The composite sentiment gauge is Greed at 57/100. Our latest ratings (2026-09-21) put 86 counters bullish against 24 bearish.

SectorMedianAdv / DecOur read
Commercial Banks+0.47%15 / 4Bullish (16 up, 1 down)
Investment+0.47%5 / 3Bullish (5 up, 2 down)
Life Insurance+0.37%10 / 3Bullish (9 up, 0 down)
Others+0.36%5 / 4Bearish (0 up, 2 down)
Development Banks+0.35%10 / 6Bullish (7 up, 5 down)
Microfinance+0.03%26 / 19Bullish (6 up, 0 down)
Non-Convertible Debenture0.00%12 / 12
Hydro Power-0.02%51 / 56Bullish (32 up, 7 down)
Hotels And Tourism-0.10%4 / 4Bullish (3 up, 2 down)
Mutual Fund-0.18%19 / 25
Manufacturing And Processing-0.44%6 / 10Bullish (6 up, 2 down)
Non Life Insurance-0.45%3 / 12Bearish (0 up, 1 down)
Finance-0.90%5 / 9Neutral (1 up, 2 down)

“Our read” rolls up our stored technical verdicts for each sector's constituents (a documented heuristic, not advice).

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NEPSE closed higher at 2,654.28 on turnover that ran well above its... | NepseFlow