Why is Infosys falling/rising?

As of 04-Sep, Infosys Ltd is currently priced at 1,463.25, reflecting a decrease of 16.05 points or 1.08%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.41% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 2.45%, while it has underperformed the benchmark Sensex, which has gained 0.80%. Despite strong long-term fundamentals, including a healthy return on equity and low debt levels, the stock's recent performance is hindered by consistent underperformance against benchmarks and a flat earnings report from June 25.
Broader market context reveals that while Infosys has struggled with a year-to-date decline of 22.20%, the Sensex has increased by 3.30% during the same period. The stock's liquidity remains adequate, but there has been a significant drop in investor participation, with delivery volume decreasing by 43.4% compared to the 5-day average. This lack of interest, combined with the stock's historical underperformance against the broader market over the last three years, contributes to the negative sentiment surrounding Infosys, making it less attractive to investors despite its strong fundamentals.