Why is BSE falling/rising?

As of 11-Jul, BSE Ltd's stock price is currently at 2,371.10, reflecting a decline of 95.2 points or 3.86%. The stock has underperformed its sector by 2.94% today, with moving averages indicating it is higher than the 100-day and 200-day averages but lower than the 5-day, 20-day, and 50-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 39.72% compared to the 5-day average. Despite a strong long-term performance, with a year-to-date return of 33.55% and a remarkable 204.92% increase over the past year, the stock's recent decline suggests a shift in market sentiment, possibly influenced by its high valuation metrics and falling trading volumes.
In the broader market context, BSE Ltd's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 1.22% over the past week. This stark contrast highlights the stock's recent struggles despite its impressive long-term growth, including a 479.51% increase in net profit and consistent positive results over the last nine quarters. However, the stock's high price-to-book ratio and premium valuation compared to peers may be contributing to investor caution, leading to the current downward price movement.