The NEPSE index finished the day at 2,418.84, up 137.18 points from yesterday’s close. The index has increased by 6.01 percent. Yesterday, the index had dropped 79.57 points.
Trading in the NEPSE index was suspended for 40 minutes after the index climbed 5% in the first two hours of trading. Trading was resumed at 1: 18 p.m., and by 1: 26 p.m., the index had gained 6%. As a result, the market has been paused for the day.
There were 220 scrips traded in 29,064 deals. The Float index is now at 165.90, up 5.98 percent, while the Sensitive index is now at 460.30, up 5.19 percent.
The largest turnover was Rs. 9.08 crores, with Nabil Bank Limited (NABIL) closing at a market price of Rs. 1,460 per share. The most actively traded stocks were those of National Hydro Power Company Limited (NHPC).
A total of 29 enterprises have gained 10% in technical terms and have tripped the positive circuit breaker. Meanwhile, NIC Asia Laghubitta Bittiya Sanstha Limited Promoter Share (NICLBSLP) suffered the greatest loss, although a minor one of 1.99%. Today, there are only three losers.
Today’s indices have risen across the board. The biggest gainer was “Development Bank,” which increased by 9.2 percent.
Highlights of the Technical Analysis
The index began trading at 2,283.67 and did not fall below that level. It then closed at 2,418.84, an intraday high.
The turnover value was Rs. 1.84 Arba, with a total of 4,085,956 shares changing hands. This is a decrease from the previous day’s turnover of Rs. 3.995 Arba.
The RSI (Relative Strength Index) is currently at 36.35. Yesterday’s reading was 19.43. The RSI has now risen above the “30” mark. Oversold conditions are indicated by a zone below 30. Meanwhile, with the MACD reading at -94.06, both the MACD line and the signal line are negative, i.e. below zero. Yesterday, this reading was -94.75.