NEPSE closes modestly higher as breadth narrows sharply from the prior session

Executive Summary

The benchmark ^NEPSE closed at 2,595.81, a gain of 4 or +0.15% from the prior close of 2,591.81. The advance was modest in magnitude, but the session's defining feature was a sharp deterioration in market breadth: the advance-decline ratio fell to 0.64 from 1.98 in the previous session, a change of -67.7. Decliners outnumbered advancers on the day.

Sector performance was uneven. Commercial Banks led with a median change of +1.09%, while Hotels And Tourism lagged with a median change of -1.27%. Among individual names, SMH extended its winning streak to 3 sessions, and GMFBS fell for a 4-session stretch.

Markets Today

The ^NEPSE finished at 2,595.81, up 4 points, or +0.15%, from 2,591.81. Turnover for the session stood at Rs 4.47 Arba, across 49,809 transactions involving 12,719,734 shares and 353 traded scripts.

Breadth was negative despite the index gain. There were 132 advancers against 207 decliners, with 14 scripts unchanged. The advance-decline ratio of 0.64 compares with 1.98 in the prior session, a decline of -67.7.

Index Snapshot

The ^NEPSE closed at 2,595.81, a change of 4 from the previous close of 2,591.81, equivalent to +0.15%.

Market Breadth

Decliners outnumbered advancers: 132 against 207, with 14 unchanged. The advance-decline ratio was 0.64, down from 1.98 previously, a change of -67.7.

The session recorded 1 positive circuit and 0 negative circuit. There were 1 new fifty-two-week highs and 1 new fifty-two-week lows.

Sector Performance

Commercial Banks was the strongest sector by median change, at +1.09%, with breadth of 17/3. Hotels And Tourism was the weakest, at -1.27%, with breadth of 1/7.

Top Movers

DLBS was the top gainer, up +14.99%. RLEL was the top loser, down -6.29%. KBL recorded the highest turnover.

SMH has risen for 3 consecutive sessions. GMFBS has fallen for 4 consecutive sessions. SBI has risen for 3 consecutive sessions.

Key Observations

The index closed higher, but the advance-decline ratio fell to 0.64 from 1.98, meaning decliners outnumbered advancers. The divergence between the index gain and negative breadth warrants attention for holders.

Commercial Banks led sector performance with a median change of +1.09%, while Hotels And Tourism lagged at -1.27%.

Technical snapshot & sector sentiment

The NEPSE index closed at 2,595.81 (+0.15%). On the latest completed session, RSI(14) read 49.6 (neutral) and the index sat below its 50-session average by 0.59%. Our regime classifier reads down-trending, low volatility. The composite sentiment gauge is Neutral at 46/100. Our latest ratings (2026-10-09) put 67 counters bullish against 152 bearish.

SectorMedianAdv / DecOur readCommercial Banks+1.09%17 / 3Bullish (15 up, 1 down)Development Banks+0.38%9 / 7Bearish (4 up, 8 down)Life Insurance0.00%6 / 7Bearish (3 up, 9 down)Non-Convertible Debenture-0.01%10 / 16—Finance-0.12%5 / 8Bearish (1 up, 11 down)Microfinance-0.20%18 / 28Bearish (4 up, 39 down)Non Life Insurance-0.24%5 / 8Bearish (0 up, 13 down)Manufacturing And Processing-0.38%4 / 11Bullish (5 up, 5 down)Mutual Fund-0.45%17 / 24—Hydro Power-0.62%33 / 76Bearish (29 up, 48 down)Investment-0.74%2 / 6Bearish (1 up, 5 down)Others-0.92%3 / 6Bearish (1 up, 8 down)Hotels And Tourism-1.27%1 / 7Neutral (2 up, 4 down)

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

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