NEPSE closes -0.45% at 2,587.25 as turnover falls -21.2 below its median and decliners outnumber advancers 238 to 95.

NepseFlow MarketsOctober 2, 20264 min read

Executive Summary

The NEPSE index closed at 2,587.25, a change of -0.45% from the previous close of 2,599.15. Turnover fell -21.2 relative to its median over the trailing 10 sessions, with 43,685 transactions and 11,912,550 shares traded across 356 scripts.

Market breadth was one-sided: 238 decliners against 95 advancers, an advance-decline ratio of 0.4. The technical regime shifted from down-trending low-volatility to down-ranging low-volatility.

Markets Today

The index moved -0.45% to close at 2,587.25, down from 2,599.15. The move was moderate in magnitude, with turnover at Rs 4.29 Arba.

Breadth deteriorated sharply from the prior session. The advance-decline ratio fell from 1.12 to 0.4, a change of -64.3.

Index Snapshot

^NEPSE closed at 2,587.25, a change of -11.9 or -0.45% from the previous close of 2,599.15.

Breadth

Decliners outnumbered advancers 238 to 95, with 23 unchanged. The advance-decline ratio stood at 0.4, down from 1.12 in the previous session.

There were 0 stocks at fifty-two-week highs and 1 at fifty-two-week lows. 0 stocks hit the positive circuit and 0 hit the negative circuit.

Sector Performance

Non-Convertible Debenture was the strongest sector by median change at +0.06%, with breadth of 13/9. Manufacturing And Processing was the weakest at -1.02%, with breadth of 4/12.

Top Movers

NMBD89/90 led gainers at +14.29%, while SINDU led decliners at -8.55%. SBLD89 recorded the highest turnover.

HFIN extended its decline to 4 consecutive sessions, while HATHY extended its advance to 3 consecutive sessions. MNMF1 traded at 40.4 times its median volume of 4,274.5.

Turnover

Turnover was Rs 4.29 Arba across 43,685 transactions and 11,912,550 shares in 356 scripts. This was -21.2 versus the median over the trailing 10 sessions.

Technical Picture

The technical regime shifted from down-trending low-volatility to down-ranging low-volatility. The trend remains down.

Key Observations

The session combined a moderate index decline with a sharp deterioration in breadth and a drop in turnover. The advance-decline ratio fell to 0.4 from 1.12, and the technical regime moved to down-ranging low-volatility.

Book close events were noted for SBLPNP on 2026-10-02 with Cash dividend 8.25%, and for SBL on 2026-10-02 with Cash dividend 10.0% and Bonus 10.0%.

Technical snapshot & sector sentiment

The NEPSE index closed at 2,587.25 (-0.45%). On the latest completed session, RSI(14) read 47 (neutral) and the index sat below its 50-session average by 1.26%. Our regime classifier reads down-trending, low volatility. The composite sentiment gauge is Fear at 35/100. Our latest ratings (2026-10-01) put 72 counters bullish against 159 bearish.

SectorMedianAdv / DecOur readNon-Convertible Debenture+0.06%13 / 9—Mutual Fund0.00%20 / 20—Life Insurance-0.18%4 / 10Bearish (6 up, 7 down)Others-0.28%1 / 7Bearish (1 up, 6 down)Finance-0.30%2 / 11Bearish (0 up, 13 down)Commercial Banks-0.32%7 / 13Bullish (12 up, 4 down)Microfinance-0.35%11 / 35Bearish (13 up, 32 down)Development Banks-0.45%3 / 12Bearish (1 up, 13 down)Hotels And Tourism-0.60%3 / 5Bearish (2 up, 5 down)Non Life Insurance-0.61%3 / 10Bearish (0 up, 12 down)Investment-0.63%0 / 8Bearish (2 up, 4 down)Hydro Power-0.78%24 / 84Bearish (26 up, 59 down)Manufacturing And Processing-1.02%4 / 12Bullish (8 up, 3 down)

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

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