Why is Nexome Cap. Mkt. falling/rising?

As of 26-Sep, Nexome Capital Markets Ltd is experiencing a decline in its stock price, currently at Rs 126.40, which reflects a decrease of Rs 6.55 or 4.93%. The stock has been underperforming, having lost 9% over the last two days and showing a performance today that is 3.4% lower than its sector. Although it opened with a gain of 4.78% and reached an intraday high of Rs 139.3, it ultimately fell to its current price, indicating significant volatility. The stock has also underperformed in the short term, with a 1-week return of -12.44% compared to the Sensex's -2.66%, and a 1-month return of -8.97% against the benchmark's -0.45%. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 44.73% compared to the 5-day average.
In the broader market context, Nexome's year-to-date performance remains strong at +37.21%, significantly outperforming the Sensex's +2.93%. However, the recent short-term declines suggest that investor sentiment may be shifting, especially given the stock's consecutive losses and the wide trading range observed today. The stock's moving averages indicate it is currently lower than the 5-day, 20-day, and 50-day averages, which may further contribute to bearish sentiment among investors. Overall, while Nexome Capital Markets Ltd has shown impressive long-term growth, recent price movements and declining investor interest are contributing to its current downward trajectory.