Diversified Financial Services Sector - Expect No Major Impact From Second Covid-19 Wave: ICICI Securities 

Diversified Financial Services Sector - Expect No Major Impact From Second Covid-19 Wave: ICICI Securities

Filling Insurance forms. (Photographer: Akio Kon/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Top long-term trends in diversified financials include -

Overall diversified financials were not impacted structurally due to Covid-19 outbreak.

We expect insurers to remain beneficiaries of increased demand in health, life insurance.

Better adoption to online sales and cost savings should continue to support earnings.

Continued volatility may support flow-based businesses like exchanges, asset management companies, mutual fund registrars and depositories.

However, FY22 will have a stiff base effect for them.

Click on the attachment to read the full report:

ICICI Securities Diversified Financial Services Sector Trends.pdf
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DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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