Why is TCS falling/rising?

As of 02-Sep, Tata Consultancy Services Ltd. is experiencing a slight decline in its stock price, currently at 3,112.15, reflecting a decrease of 0.65 or 0.02%. The stock's performance today is in line with the sector, but it is currently 3.86% away from its 52-week low. Over the past week, the stock has decreased by 1.40%, while it has shown a modest increase of 3.63% over the past month. However, year-to-date, the stock has significantly underperformed with a decline of 24.04%. Despite a strong long-term fundamental strength indicated by a high return on equity of 46.19% and a healthy growth rate in net sales, the stock's recent performance has been hampered by falling investor participation, as evidenced by a 74.64% drop in delivery volume compared to the 5-day average.
In the broader market context, the Sensex has decreased by 0.78% over the past week, which suggests that TCS's short-term decline is somewhat aligned with the overall market trend. However, TCS's year-to-date performance is notably worse than the Sensex's increase of 2.58%, highlighting its relative weakness in the market. The stock's high dividend yield of 4.08% and strong institutional holdings at 23.48% may provide some support, but the significant year-over-year decline of 31.28% indicates ongoing challenges. Overall, while TCS has strong fundamentals and attractive valuations, the recent negative price movement reflects broader market pressures and reduced trading activity among investors.