NEPSE Gains 15.45 Points to Close at 2538.11 : Turnover Hits Rs 2.94 Arba
Nepal Stock Exchange (NEPSE) index maintained its bullish momentum on Wednesday, rising by 15.45 points (or +0.61%) to settle at 2538.11.
The index opened the session at 2524.22 points and traded within an intraday range of 2513.35 (low) to 2538.11 (high) closing the day's peak.
1. Volume and Turnover Summary
Trading activity showed active participation across board sectors, registering total market turnover close to Rs 2.94 + Arba:
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Total Turnover: Rs 2,942,781,826.16 (Rs 2.94 + Arba)
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Total Traded Shares: 7,268,202 shares
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Market Breadth: 193 companies advanced, 75 declined, while 10 remained unchanged.
2. Sector-Wise Performance Analysis
Wednesday’s trading session on the Nepal Stock Exchange (NEPSE) saw broad-based optimism, with 11 out of 13 sub-indices closing in green territory. Total market liquidity concentrated heavily in energy and manufacturing scripts, while non-life insurance and mutual funds faced marginal profit booking.
Market Dynamics
| Sub-Index Sector | Closing Level | Net Change (%) | Sector Status & Driver |
| Hydropower | 3505.21 | +0.95% | Market Driver & Volume Leader — Generated over Rs. 1.37 Arba in turnover alone. Led by active buying in TAMOR, RHPL, and SOHL. |
| Finance | 2262.83 | +0.91% | High Momentum — Strong demand in mid-cap finance scrips, with Central Finance (CFCL) surging +9.11%. |
| Others | 1801.60 | +0.80% | Outperformer — Steady institutional support across telecommunications and other securities. |
| Banking | 1427.15 | +0.73% | Heavyweight Support — Rs. 30.42 Crore total turnover. Driven by solid accumulation in Global IME Bank (GBIME) (+4.13%). |
| Trading | 3206.61 | +0.72% | Moderate Gains — Selective accumulation across trading hubs. |
| Development Bank | 5423.86 | +0.59% | Steady Traction — Rebounded alongside commercial banking strength. |
| Manufacturing & Processing | 10430.85 | +0.48% | Volume Focus — Heavily traded via Shivam Cements (SHIVM), contributing Rs. 35.57 Crore in turnover. |
| Microfinance | 4389.97 | +0.43% | Mixed Activity — Top individual market gainer Upakar Laghubitta (ULBSL) (+11.87%) came from this sector. |
| Investment | 93.78 | +0.41% | Moderate Demand — Led by institutional turnover in NRN Infrastructure (NRN). |
| Hotels & Tourism | 7048.73 | +0.18% | Neutral to Positive — Minor recovery in hospitality scrips. |
| Life Insurance | 11172.20 | +0.09% | Flat — Marginal buying interest, remaining largely sideways. |
| Non-Life Insurance | 9316.86 | -0.07% | Profit Booking — Facing temporary pressure from insurance claim evaluations due to recent flood impact reports. |
| Mutual Fund | 19.52 | -0.09% | Marginal Drag — Slight pullback in NAV trading levels. |
3. Top Gainers & Actively Traded Stocks
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Top Gainer: Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) surged +11.87% to close at Rs 2,790.
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Turnover Leaders: Sanima Middle Tamor Hydropower (TAMOR), NRN Infrastructure and Development (NRN), Solu Hydro Power (SOHL) and Shivam Cements (SHIVM) recorded some of the highest trading volumes during the session.
Technical Outlook & Action Plan: Next Trading Session
Following Wednesday’s positive close at 2538.11 (+15.45 points), NEPSE faces crucial technical resistance levels. Below is the technical breakdown, key levels to watch and actionable strategies for the upcoming sessions.
1. Key Technical Levels
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Immediate Resistance Zone: 2550 – 2560 points. The index needs to decisively breach and hold above 2550 with volume expansion to sustain the rally toward 2630.
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Immediate Support Level: 2510 – 2520 points .
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Strong Support Level: 2480 points. Falling below this mark would invalidate the current short-term uptrend.
2. Market Dynamics to Monitor
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Volume Confirmation: While Wednesday saw a gain of 15.45 points, total market turnover stood at Rs 2.94 Arba. A continuation of the breakout past 2550 will require volume expanding above Rs 3.5 – 4 Arba.
Disclaimer : This analysis does not take into account individual financial circumstances, risk tolerance and investment objectives.
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