NEPSE closes -0.36% lower as breadth turns one-sided and turnover slips below its recent median

NepseFlow MarketsSeptember 29, 20264 min read

Executive Summary

The benchmark index ended the session at 2,603.71, a change of -9.62 or -0.36% from the prior close of 2,613.33. The decline was accompanied by turnover of Rs 4.65 Arba, which came in -15.4 against the median of the trailing 10 sessions.

Market breadth was decisively negative, with 244 declining issues against 96 advancing issues. The advance-decline ratio stood at 0.39, and the session produced 0 negative circuit hits versus 0 positive circuit hits.

Markets Today

The index moved lower through the session, settling at 2,603.71 against the previous close of 2,613.33. The move represents a decline of -9.62 points, or -0.36%.

Activity was concentrated across 363 traded scripts, with 51,274 transactions and 11,069,074 shares changing hands. Total turnover reached Rs 4.65 Arba.

Index Snapshot

^NEPSE closed at 2,603.71, down -9.62 points from 2,613.33. The percentage change for the session was -0.36%.

Breadth

Decliners outnumbered advancers by a wide margin. 244 issues closed lower against 96 that closed higher, with 23 unchanged. The advance-decline ratio was 0.39.

The session recorded 0 issues at the negative circuit limit and 0 at the positive circuit limit. 0 issues touched new fifty-two-week highs and 6 touched new fifty-two-week lows.

Sector Performance

Hotels And Tourism was the weakest sector by median change, at -0.83%, with breadth of 2/6. Non-Convertible Debenture was the strongest, with a median change of 0.00% and breadth of 12/14.

Top Movers

ICFCD83 led the gainers with a change of +9.18%. MFILPO led the decliners with a change of -10.90%. HDL recorded the highest turnover of the session.

Among individual names, ICFCD83 extended its up streak to 4 sessions, and SAGF extended its up streak to 3 sessions. HATHY recorded 7 consecutive sessions in the down direction.

Turnover

Total turnover for the session was Rs 4.65 Arba, across 51,274 transactions and 11,069,074 shares. Turnover came in -15.4 relative to the median of the trailing 10 sessions.

Key Observations

The index decline of -0.36% occurred alongside turnover that was -15.4 below its trailing median, a combination that offers limited confirmation from participation.

Breadth was one-sided, with 244 decliners against 96 advancers. SAPIL carried a book close dated 2026-09-29 for Cash dividend 0.53%, and a second book close on the same date for Bonus 10.0%. AHPC carried a book close dated 2026-09-29 for Cash dividend 0.26%.

Technical snapshot & sector sentiment

The NEPSE index closed at 2,603.71 (-0.36%). On the latest completed session, RSI(14) read 49.4 (neutral) and the index sat below its 50-session average by 0.91%. Our regime classifier reads down-trending, low volatility. The composite sentiment gauge is Fear at 37/100. Our latest ratings (2026-09-28) put 88 counters bullish against 141 bearish.

SectorMedianAdv / DecOur readNon-Convertible Debenture0.00%12 / 14—Non Life Insurance-0.06%4 / 9Bearish (0 up, 12 down)Commercial Banks-0.14%4 / 13Bullish (13 up, 2 down)Others-0.16%2 / 6Bearish (1 up, 6 down)Mutual Fund-0.22%15 / 27—Development Banks-0.30%5 / 11Bearish (3 up, 12 down)Manufacturing And Processing-0.40%2 / 13Bullish (8 up, 2 down)Hydro Power-0.44%29 / 80Bearish (27 up, 58 down)Life Insurance-0.45%4 / 10Bullish (10 up, 3 down)Microfinance-0.47%11 / 36Bearish (19 up, 26 down)Finance-0.50%3 / 12Bearish (1 up, 12 down)Investment-0.73%2 / 6Neutral (3 up, 3 down)Hotels And Tourism-0.83%2 / 6Bearish (2 up, 5 down)

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

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