^NEPSE extends winning run to 6 sessions as breadth stays one-sided

NepseFlow MarketsOctober 16, 20264 min read

Executive Summary

The benchmark ^NEPSE closed at 2,634.17, a gain of 8.23 or +0.31% from the prior close of 2,625.94, extending its advance to 6 consecutive sessions and a cumulative gain of roughly 2.26 over that span.

Breadth was decisively one-sided: 211 advancers against 105 decliners, an advance-decline ratio of 2.01. Sector leadership rotated, with Commercial Banks displacing Investment at the top of the sector table.

Markets Today

The session produced a moderate upward move of 0.31 in the headline index, which settled at 2,634.17. The move extends the current run to 6 sessions, with the cumulative gain over that period at approximately 2.26.

Participation was broad. Turnover for the session stood at Rs 4.88 Arba across 39,295 transactions, with 13,376,489 shares changing hands in 348 traded scrips.

Index Snapshot

^NEPSE closed at 2,634.17, up 8.23 or +0.31% on the previous close of 2,625.94.

Market Breadth

Advancers outnumbered decliners by 211 to 105, with 32 scrips unchanged. The advance-decline ratio stood at 2.01.

The session recorded 1 scrips at the positive circuit and 0 at the negative circuit. 3 scrips touched new fifty-two-week highs and 0 touched new lows.

Sector Performance

Commercial Banks led the sector table with a median change of +0.61% and breadth of 19/1. The sector's top gainer was CKHL at +14.82%.

At the other end, Others was the weakest sector, with a median change of -0.02% and breadth of 4/5.

Leadership rotated within the session, with Commercial Banks replacing Investment as the strongest sector.

Top Movers

CKHL was the session's top gainer at +14.82%, while HEI was the top loser at -4.98%. GHL recorded the highest turnover of the session.

Among individual names, AHL extended its decline to 4 sessions, while SBLD2091 and HEIP each recorded 3 consecutive sessions of gains.

Turnover and Activity

Total turnover for the session was Rs 4.88 Arba, spread across 39,295 transactions. 13,376,489 shares were traded in 348 scrips.

Key Observations

The index has now advanced for 6 consecutive sessions, accumulating a gain of approximately 2.26 over that period.

Breadth was one-sided, with 211 advancers against 105 decliners, an advance-decline ratio of 2.01.

Sector leadership rotated, with Commercial Banks taking over from Investment as the strongest sector.

On the individual side, AHL extended its losing streak to 4 sessions, while SBLD2091 and HEIP each recorded 3 sessions of gains.

Technical snapshot & sector sentiment

The NEPSE index closed at 2,634.17 (+0.31%). On the latest completed session, RSI(14) read 57.9 (neutral) and the index sat above its 50-session average by 0.81%. Our regime classifier reads down-trending, low volatility. The composite sentiment gauge is Greed at 66/100. Our latest ratings (2026-10-15) put 87 counters bullish against 118 bearish.

SectorMedianAdv / DecOur read
Commercial Banks+0.61%19 / 1Bullish (18 up, 0 down)
Mutual Fund+0.56%23 / 10—
Microfinance+0.39%37 / 9Bearish (8 up, 32 down)
Hydro Power+0.30%67 / 39Bearish (28 up, 43 down)
Finance+0.22%9 / 5Bearish (2 up, 11 down)
Non Life Insurance+0.21%7 / 6Bearish (2 up, 6 down)
Development Banks+0.18%10 / 6Bullish (8 up, 5 down)
Hotels And Tourism+0.17%4 / 3Neutral (3 up, 4 down)
Investment+0.06%4 / 4Neutral (3 up, 2 down)
Life Insurance+0.05%7 / 6Bullish (8 up, 2 down)
Manufacturing And Processing0.00%7 / 7Bullish (5 up, 4 down)
Non-Convertible Debenture0.00%12 / 3—
Others-0.02%4 / 5Bearish (1 up, 8 down)

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

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