NEPSE closes at 2,591.8, up +0.66% as breadth improves sharply and Commercial Banks leads sector rotation.

NepseFlow MarketsOctober 9, 20264 min read

Executive Summary

The NEPSE index closed at 2,591.8, a gain of 17.15 or +0.66% from the previous close of 2,574.65. Market breadth improved markedly, with the advance-decline ratio rising to 1.98 from 1.14 in the prior session. Sector leadership rotated to Commercial Banks from Manufacturing And Processing, while Others lagged. Among individual names, BHCL and RHGCL each extended gains for 4 consecutive sessions, and CZBIL rose for 3 straight sessions.

Markets Today

The benchmark index ended the session at 2,591.8, up 17.15 points or +0.66% from the prior close of 2,574.65. The advance-decline ratio stood at 1.98, with 224 advancers against 113 decliners and 15 unchanged. The session recorded 0 positive circuit hits and 0 negative circuit hits, alongside 0 new fifty-two-week highs and 4 new lows.

Index Snapshot

^NEPSE closed at 2,591.8, compared with a previous close of 2,574.65. The change was 17.15 points, equivalent to +0.66%.

Market Breadth

Breadth was positive, with 224 advancing stocks against 113 declining stocks, an advance-decline ratio of 1.98. This compares with a ratio of 1.14 in the previous session, a change of 73.7. 15 stocks were unchanged. The session saw 0 positive circuit hits and 0 negative circuit hits, with 0 stocks reaching new fifty-two-week highs and 4 touching new lows.

Sector Performance

Commercial Banks led sector performance with a median change of +1.21%, and breadth within the sector was 19/0. Others was the weakest sector, with a median change of -0.52% and breadth of 3/6. Sector leadership rotated to Commercial Banks from Manufacturing And Processing in the prior session.

Top Movers

KBSH was the top gainer, rising +4.91%, while RLEL was the top loser, falling -7.85%. KBL recorded the highest turnover of the session. Among notable streaks, BHCL advanced for 4 consecutive sessions, RHGCL also advanced for 4 consecutive sessions, and CZBIL advanced for 3 consecutive sessions.

Turnover and Activity

Total turnover for the session was Rs 4.84 Arba, across 52,044 transactions involving 12,905,942 shares and 352 traded scripts.

Key Observations

The advance-decline ratio improved to 1.98 from 1.14, a change of 73.7. Sector leadership shifted to Commercial Banks from Manufacturing And Processing. RLEL has a book close on 2026-10-09 for Cash dividend 10.53%.

Technical snapshot & sector sentiment

The NEPSE index closed at 2,591.8 (+0.66%). On the latest completed session, RSI(14) read 44.8 (neutral) and the index sat below its 50-session average by 1.31%. Our regime classifier reads down-trending, low volatility. The composite sentiment gauge is Greed at 56/100. Our latest ratings (2026-10-08) put 54 counters bullish against 172 bearish.

SectorMedianAdv / DecOur read
Commercial Banks+1.21%19 / 0Bullish (14 up, 2 down)
Hotels And Tourism+1.06%7 / 1Bearish (2 up, 5 down)
Non-Convertible Debenture+0.44%17 / 7—
Life Insurance+0.42%13 / 1Bearish (2 up, 11 down)
Hydro Power+0.40%71 / 34Bearish (23 up, 60 down)
Development Banks+0.38%12 / 4Bearish (3 up, 11 down)
Mutual Fund+0.33%25 / 17—
Investment+0.25%5 / 3Bearish (1 up, 4 down)
Non Life Insurance+0.23%9 / 4Bearish (0 up, 13 down)
Microfinance+0.15%26 / 21Bearish (4 up, 40 down)
Manufacturing And Processing0.00%8 / 8Bullish (4 up, 5 down)
Finance-0.06%7 / 7Bearish (0 up, 12 down)
Others-0.52%3 / 6Bearish (1 up, 7 down)

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

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