Axis Bank - Strong buy??

 Axis bank is up 6% today.

These type of stock movements cannot be predicted on a day-to-day basis. All we can simply do is: - Buy good firms - At good price - Wait for PE rerating/interest to come You will 2x-3x your money or make 15-20% CAGR Do not be scared of falls on good stock it is a part and parcel. On that note: I will be putting more money on Armaan Financials (another 25% downward averaging) With this I will be left with 1 block of money The max exposure I have on Armaan financial is 2.5% of my portfolio And, that is okay. The PE is already very reasonable And, the numbers are good It might take a few weeks, months or maybe a year to recover But, there is a good chance that we will have like a HDFC AMC types story Right now the fintech sector is going through some pain due to RBI regulatory tightening