NEPSE closes at 2,664.13, up +0.24%, as the technical regime shifts to uptrending low volatility and breadth improves to 1.16

NepseFlow MarketsNovember 3, 20264 min read

Executive Summary

The NEPSE index closed at 2,664.13, a change of 6.62 or +0.24% from the previous close of 2,657.51. The advance-decline ratio stood at 1.16, up from 0.16 in the prior session.

The session's most significant development was a change in the technical regime, which moved from up-trending low volatility to down-trending low volatility. Sector leadership rotated, with Hotels And Tourism replacing Non-Convertible Debenture as the strongest sector by median change.

Markets Today

Turnover for the session was Rs 5.65 Arba across 57,449 transactions, involving 15,420,920 shares of 349 traded scripts.

SIPD was the session's top gainer at +5.94%, while BENH was the top loser at -5.04%. GBIME recorded the highest turnover.

Index Snapshot

^NEPSE closed at 2,664.13, against a previous close of 2,657.51. The change was 6.62, equivalent to +0.24%.

Market Breadth

Advancers numbered 175 against 151 decliners, with 23 scripts unchanged. The advance-decline ratio of 1.16 compares with 0.16 in the previous session, a change of 625.

The session recorded 0 scripts at the positive circuit and 0 at the negative circuit. 0 scripts touched new fifty-two-week highs and 1 touched new lows.

Sector Performance

Hotels And Tourism led the sectors with a median change of +0.24%, and Hotels And Tourism showed breadth of 6/2. Non Life Insurance was the weakest at -0.52%, with Non Life Insurance recording a median change of -0.52% and breadth of 5/9.

Top Movers

SIPD led the gainers at +5.94%, and BENH led the decliners at -5.04%.

CCBD88 extended its up streak to 3 sessions. PSF traded at 57.5 times its median volume of 10,075, and MERO at 36.8 times its median volume of 3,249.5.

Technical Picture

The technical regime was reclassified from up-trending low volatility to down-trending low volatility. This shift is a caution for holders, as the index's trend classification now points lower even as volatility remains contained.

Key Observations

The index gained 0.24 percent, a moderate move, while the advance-decline ratio improved sharply to 1.16 from 0.16. Sector leadership moved to Hotels And Tourism from Non-Convertible Debenture.

The reclassification of the technical regime to down-trending low volatility is the session's principal development and warrants attention alongside the improvement in breadth.

Technical snapshot & sector sentiment

The NEPSE index closed at 2,664.13 (+0.24%). On the latest completed session, RSI(14) read 56.5 (neutral) and the index sat above its 50-session average by 1.72%. Our regime classifier reads down-trending, low volatility. The composite sentiment gauge is Greed at 63/100. Our latest ratings (2026-11-02) put 104 counters bullish against 106 bearish.

SectorMedianAdv / DecOur read
Hotels And Tourism+0.24%6 / 2Bearish (2 up, 5 down)
Commercial Banks+0.22%14 / 5Bullish (18 up, 0 down)
Hydro Power+0.16%61 / 47Bullish (44 up, 31 down)
Investment+0.08%4 / 3Bearish (2 up, 4 down)
Microfinance+0.01%25 / 23Bearish (9 up, 30 down)
Finance0.00%5 / 6Bearish (3 up, 6 down)
Mutual Fund0.00%20 / 18—
Non-Convertible Debenture0.00%11 / 9—
Life Insurance-0.01%6 / 7Bullish (8 up, 2 down)
Manufacturing And Processing-0.06%7 / 8Bullish (7 up, 4 down)
Development Banks-0.15%7 / 8Bullish (8 up, 5 down)
Others-0.49%2 / 6Bearish (2 up, 6 down)
Non Life Insurance-0.52%5 / 9Bearish (0 up, 12 down)

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

Disclaimer

The content provided on our website — including comments, news, analysis, prices, and other information — represents general market opinions and is intended for educational purposes only. It does not constitute investment advice or investment research, and we are not licensed trading advisors.

 

Our content is primarily based on real-time Technical analysis and is designed to support your learning journey in the financial markets. Trading in Nepse, Forex, Futures, Options, Stocks, Cryptocurrencies, or any other financial instruments involves significant risk and may not be suitable for all investors.

 

There is a possibility that you could lose some or all of your initial investment. Therefore, you should only invest funds you can afford to lose. Always conduct thorough and independent research before making any trading or investment decisions.

 

We are not responsible for any financial loss or damage arising from the use of our content, products, or services. For real-money investments, please consult a qualified financial advisor.

 

All information and materials on our website are protected and may not be reproduced or distributed without prior written permission.

Share

Keep reading