NEPSE Edges Up 2.31 Points; Kutheli Bukhari Small Hydropower Hits Positive Circuit on 18% Dividend Announcement
The Nepal Stock Exchange (NEPSE) index rebounded slightly on Thursday to close at 2,574.65 points, gaining 2.31 points (+0.09%). The benchmark index recovered after Wednesday's minor dip, supported by improved trading volume and buying interest in select individual stocks.
Key Market Indicators
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NEPSE Index: 2,574.65 (+2.31 points)
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Sensitive Index: 429.28 (+0.81 points)
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Float Index: 178.65 (+0.22 points)
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Sensitive Float Index: 142.10 (+0.29 points)
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Total Turnover: NPR 3.93 Billion (NPR 3,930,560,000 across 354 scrips and 43,812 transactions)
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Total Volume: 11.23 Million shares traded
Top Stock Movements & Turnover Leaders
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Top Gainers:
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Kutheli Bukhari Small Hydropower (KBSH): Hit the 10% positive circuit following the announcement of an 18% bonus share distribution.
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Snow Rivers (SNORL): Gained ~6.5%.
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Laxmi Value Fund 2 (LVF2) & Mega Mutual Fund 1 (MMF1): Units rose by ~6%.
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Top Loser: RBB Mutual Fund 2 (RMF2) declined the most, dropping 8.07%.
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Turnover Leaders:
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Ghalemdi Hydro (GHL): NPR 260.6 Million
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Himal Dolakha Hydropower (HDHPC): NPR 190+ Million
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Peoples Hydropower (PHCL): NPR 140+ Million
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Sector Performance
Out of 13 sub-indices, 8 closed in green while 5 declined:
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Gainer Sectors: Banking, Development Bank, Hydropower, Investment, Manufacturing & Processing, Mutual Fund, Non-Life Insurance, and Trading.
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Declining Sectors: Finance, Life Insurance, Microfinance, Hotels & Tourism, and Others.
Technical Outlook
[ 2,618 / 2,620 - 50-day SMA ]
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[ 2,596 - 20-day SMA ]
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------------------------ 2,574.65 (NEPSE Close) ------------------------
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[ 2,546 - Immediate Support ]
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[ 2,524 - Lower Bollinger Band ]
| Technical Metric | Current Value / Level | Technical Reading |
| Trend / Moving Averages | Below 20-day (2,596) & 50-day (2,618) SMA | Short-term bearish to consolidation |
| RSI (14-day) | ~43.50 | Neutral (No immediate overbought/oversold signal) |
| MACD (12,26,9) | Negative Histogram | Bearish momentum slowing down |
| Immediate Support | 2,546 – 2,550 | Key swing low / demand zone |
| Immediate Resistance | 2,596 – 2,620 | Confluence of 20-day and 50-day SMAs |
Chart Interpretation & Key Levels
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Market Structure: NEPSE is currently consolidating within a narrow band between 2,546 and 2,620. While Thursday's minor gain and rise in turnover from NPR 3.74B to NPR 3.93B indicate moderate buying at lower levels, the index remains below its key short-term moving averages (20-day and 50-day SMAs).
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Breakout / Breakdown Triggers:
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Bullish Trigger: A decisive close above 2,600 – 2,620 accompanied by turnover expanding toward NPR 5B+ would confirm a bullish reversal toward the next resistance at 2,656.
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Bearish Trigger: A breakdown below 2,546 could expose the next major support zone around 2,500 – 2,525 (lower Bollinger Band level).
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Strategy: The technical setup favors a range-bound swing strategy. Long-term investors can look for sector-specific accumulation on dips near the 2,550 support level, while short-term traders should wait for a confirmation breakout above the 20-day SMA at 2,596.
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