Why is Kotak Mah. Bank falling/rising?

As of 01-Sep, Kotak Mahindra Bank Ltd is currently priced at 1,967.65, reflecting a slight increase of 0.75 or 0.04%. The stock has been gaining over the last two days, with a total return of 1.11% during this period. However, it has underperformed its sector by 0.49% today and is trading below all its moving averages, indicating potential weakness. Despite a year-to-date return of 10.15%, the stock has faced challenges in the short term, with a 1-week decline of 0.80% and a 1-month drop of 1.23%. The bank's strong long-term fundamentals, highlighted by a robust Return on Assets (ROA) of 2.43% and a high Capital Adequacy Ratio of 21.44%, suggest resilience, but the recent performance indicates some volatility.
Broader market context shows that while Kotak Mahindra Bank has outperformed the broader market, which has seen negative returns of -4.75% over the past year, its short-term performance has been less favorable compared to the benchmark. The Sensex has declined by 1.56% over the past week, which is worse than Kotak's performance. The rising investor participation, evidenced by an increase in delivery volume, suggests some positive sentiment, yet the overall market conditions and the stock's underperformance against its moving averages may be contributing to a cautious outlook among investors.