^NEPSE closes at 2,578.73, up +0.46%, as turnover falls -41.7 below its median and breadth improves from 0.25 to 1.61.

NepseFlow MarketsOctober 6, 20264 min read

Executive Summary

The ^NEPSE closed at 2,578.73, a gain of 11.96 or +0.46% from the prior close of 2,566.77. The advance came on turnover of Rs 3.14 Arba, which was -41.7 below the median of the trailing 10 sessions.

Breadth improved sharply: the advance-decline ratio moved from 0.25 to 1.61, a change of 544. Sector leadership rotated, with Investment replacing Non-Convertible Debenture as the strongest group.

Markets Today

The session produced a moderate advance for the ^NEPSE, which added +0.46% to close at 2,578.73. The move extended the index above its previous close of 2,566.77.

Activity was subdued relative to recent norms. Turnover of Rs 3.14 Arba was -41.7 below the median of the last 10 sessions, indicating that the index gain was achieved on lighter participation than has recently been typical.

Index Snapshot

^NEPSE closed at 2,578.73, up 11.96 or +0.46% from 2,566.77. Turnover for the session was Rs 3.14 Arba across 41,607 transactions, with 8,955,230 shares traded in 359 scripts.

Breadth

The advance-decline ratio stood at 1.61, with 204 advancers against 127 decliners and 28 unchanged. The ratio improved from 0.25 in the prior session to 1.61, a change of 544.

The session recorded 0 new fifty-two-week highs and 4 new lows, with 0 scripts at the positive circuit and 0 at the negative circuit.

Sector Performance

Investment led the sectors with a median change of +0.76% and a breadth reading of 6/2. Non Life Insurance was the weakest group, with a median change of -0.23% and a breadth reading of 4/10.

Leadership rotated during the session: Investment replaced Non-Convertible Debenture as the strongest sector by median change.

Top Movers

TVCL was the session's top gainer, adding +5.11%, while SAPIL was the top loser, falling -4.94%. GHL recorded the highest turnover of the session.

Three scripts extended notable losing streaks. SABBL fell for a 10-session down streak, BPCL for a 6-session down streak, and LEC for a 3-session down streak.

Turnover

Turnover of Rs 3.14 Arba was -41.7 below the median of the trailing 10 sessions. The session saw 41,607 transactions and 8,955,230 shares traded across 359 scripts.

The combination of a higher close and below-median turnover indicates that the index advance occurred on lighter participation than the recent norm.

Key Observations

The index rose +0.46% to 2,578.73 while turnover ran -41.7 below its trailing median, a divergence between price direction and activity.

Breadth improved markedly, with the advance-decline ratio moving from 0.25 to 1.61, a change of 544.

Sector leadership rotated from Non-Convertible Debenture to Investment, and three scripts — SABBL, BPCL and LEC — extended multi-session losing streaks.

Technical snapshot & sector sentiment

The NEPSE index closed at 2,578.73 (+0.46%). On the latest completed session, RSI(14) read 40.6 (neutral) and the index sat below its 50-session average by 2.18%. Our regime classifier reads down-trending, low volatility. The composite sentiment gauge is Neutral at 54/100. Our latest ratings (2026-10-05) put 51 counters bullish against 176 bearish.

SectorMedianAdv / DecOur readInvestment+0.76%6 / 2Bearish (1 up, 4 down)Commercial Banks+0.57%18 / 2Bullish (12 up, 4 down)Hydro Power+0.35%74 / 30Bearish (20 up, 67 down)Life Insurance+0.35%10 / 4Bearish (3 up, 10 down)Development Banks+0.29%10 / 6Bearish (2 up, 12 down)Manufacturing And Processing+0.15%9 / 6Bearish (4 up, 6 down)Hotels And Tourism+0.15%4 / 3Bearish (2 up, 5 down)Mutual Fund+0.10%24 / 15—Microfinance0.00%24 / 21Bearish (5 up, 37 down)Non-Convertible Debenture0.00%10 / 14—Finance-0.02%7 / 7Bearish (0 up, 12 down)Others-0.14%2 / 7Bearish (1 up, 6 down)Non Life Insurance-0.23%4 / 10Bearish (0 up, 12 down)

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

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