Why is Bharti Airtel PP falling/rising?

As of 23-Sep, Bharti Airtel Ltd Partly Paidup is experiencing a decline in its stock price, currently at 1,476.70, reflecting a decrease of 7.45 points or 0.5%. The stock has been losing value for the last two days, with a total decline of 1.04% during this period. Despite this recent downturn, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over a longer timeframe. However, there has been a notable drop in investor participation, with delivery volume falling by 20.04% compared to the 5-day average, which may contribute to the stock's recent price movement. The performance over the past year shows a gain of 10.41%, while year-to-date returns stand at an impressive 25.38%, suggesting that the stock has been performing well overall despite the recent decline.
In the broader market context, Bharti Airtel's short-term performance of +0.19% over the past week contrasts with the Sensex, which has decreased by 0.34%. This indicates that while the stock has shown some resilience compared to the benchmark, the recent consecutive falls may reflect broader market pressures or sector-specific challenges. The stock's year-to-date performance significantly outpaces the Sensex's 5.07% increase, highlighting its strong position in the market despite the current fluctuations. Overall, while the stock has experienced a slight decline recently, its longer-term performance remains robust compared to the benchmark.