Why is Nexome Cap. Mkt. falling/rising?

As of 14-Nov, Nexome Capital Markets Ltd is experiencing a decline in its stock price, currently at 112.60, which reflects a decrease of 4.1 points or 3.51%. The stock has underperformed its sector by 4.27% today and has been on a downward trend for the last three days, accumulating a total loss of 10.6% during this period. It opened significantly lower today, with a loss of 6.94%, and has shown high volatility, trading within a wide range of Rs 14.3. Despite the stock being above its 200-day moving average, it is below the shorter-term moving averages, indicating a potential bearish sentiment. The rising investor participation, with a notable increase in delivery volume, suggests some interest in the stock, but overall, the recent performance has been negative.
Broader market context indicates that Nexome's short-term performance has been significantly weaker than the benchmark, with a 1-week return of -6.17% compared to the Sensex's gain of 1.62%. Over the past month, the stock has dropped 11.34%, while the Sensex has risen by 3.09%. This stark contrast highlights the challenges Nexome is facing in the current market environment, contributing to the downward pressure on its stock price. The lack of positive factors in the dashboard further emphasizes the difficulties the company is encountering, leading to a bearish outlook among investors.