Why is Kotak Mah. Bank falling/rising?

As of 05-Sep, Kotak Mahindra Bank Ltd is experiencing a decline in its stock price, currently at 1,944.00, reflecting a decrease of 5.9 points or 0.3%. The stock has underperformed its sector by 0.43% today and has been on a downward trend for the last two days, accumulating a total loss of 0.88%. Over the past week, the stock has decreased by 1.16%, while its performance over the last month shows a decline of 2.95%. Despite a strong long-term fundamental strength indicated by a healthy return on assets and growth in net interest income and profit, the stock is currently trading below all key moving averages, suggesting a bearish sentiment. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 40.29% compared to the five-day average.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 1.13% over the past week. While Kotak Mahindra Bank has shown resilience with a year-to-date return of 8.83% compared to the Sensex's 3.29%, the recent short-term declines highlight a divergence from this trend. The high institutional holdings at 61.95% indicate that informed investors are closely monitoring the stock, yet the current market conditions and recent performance suggest caution among retail investors. Overall, the combination of underperformance against benchmarks, declining investor interest, and trading below moving averages contributes to the stock's recent downward movement.