Part 1: Rundown and Technical Analysis

This week, the market traded for four trading days as Wednesday was a holiday of Ram Navami. The NEPSE Index closed at 1,972.14 after losing 53.16 points (2.62%). The index closed at 2,025.30 last week, gaining 1.06% from the previous week.

This week, the index went as high as 2,031.86 and as low as 1,967.45 hence witnessing volatility of 64.41 points. The index had seen volatility of 45.40 points in the previous week.

The highest intraday loss was 19.57 points on Thursday with a turnover of Rs 2.09 Arba, however, the total turnover stood at Rs 10.05 Arba this week.

Momentum Indicators

The RSI reading on the daily timeframe is 35.09. Meanwhile, the RSI reading on the weekly chart is 45.73.

Conversely, the MACD and Signal lines are moving toward the negative zone i.e., below zero with the MACD reading at -13.31.

Nepse Index is below both the 5-day and 20-day Moving Average. The Index below the moving average indicates the bearish sentiment.

1,940 -1,960 zone may act as the nearest support whereas, the 2,120 zone will act as resistance.

Part 2: Insight into Important Data

The highest intraday loss was 19.56 points on Thursday with a turnover of Rs 2.09 Arba, however, the total turnover stood at Rs 10.05 Arba this week. Over 2.58 crore unit shares have been traded through 1,89,953 transactions this week. The current market capitalization of NEPSE stands at Rs. 3,127,075.87 million i.e. Rs 31.27 Kharba.

NEPSE index and Sub-indices performance: (Gain/ loss is based on the previous week's close)

The NEPSE index declined by 2.62% this week. All sector indices are closed in red.

Stocks with the highest Monthly Beta:

Top Ten Gainers of the Week:

Top Ten Losers of the Week:

Gurans Laghubitta Bittiya Sanstha Limited's (GLBSL) price has decreased by 21.54% and its LTP stands at Rs. 1,836.00.

Top Stocks by Turnover, Volume, and Number of Transactions:

Gurkhas Finance Limited (GUFL) is the top-traded company of the week. A total of Rs. 47.15 Crores worth of GUFL shares were traded this week.

Top Buyers Brokers of the Week:

This week, Naasa Securities Company Limited (Broker No- 58) was the top buyer broker and bought stocks worth Rs. 60.32 crores.

Top 10 Bought Companies:

Top Seller Brokers of the Week:

Imperial Securities Company Private Limited (Broker No- 45) was the top seller broker for this week. The brokerage firm has sold stocks worth Rs. 54.42 Crore.

Top 10 Sold Companies:

 SSPro: