Diversified Financial Services Sector - Expect No Major Impact  From Second Covid-19 Wave: ICICI Securities 
Filling Insurance forms. (Photographer: Akio Kon/Bloomberg)

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

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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