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

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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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