Why is BSE falling/rising?

As of 25-Jul, BSE Ltd's stock price is currently at 2,454.00, reflecting a decrease of 93.8 points or 3.68%. Today's performance indicates that the stock has underperformed its sector by 1.56%. In terms of returns, the stock has shown a slight increase of 0.22% over the past week, but it has declined by 12.01% over the last month. Despite this recent downturn, the company has demonstrated strong long-term fundamentals, with an impressive 83.99% CAGR growth in operating profits and a net profit growth of 479.51% as of March 25. The stock has consistently delivered positive results for the last nine quarters, contributing to its high institutional holdings of 37.03%. However, the stock is currently trading at a premium valuation, which may be a factor in its recent price decline.
In the broader market context, BSE Ltd's recent performance contrasts with the Sensex, which has decreased by 0.53% over the past week. While BSE has outperformed the benchmark in the long term, generating a 198.22% return over the past year compared to the Sensex's 1.77%, the short-term underperformance may be influencing investor sentiment. The stock's liquidity remains adequate, with a delivery volume increase of 1.4% against the five-day average, suggesting ongoing interest despite the price drop. Overall, while the company has strong fundamentals and long-term growth potential, its current valuation and recent performance may be contributing to the stock's decline.