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This Article is From Oct 06, 2022

Non-Lending Q2 Preview - Healthy Momentum Seen Across Capital Markets, General Insurance, MF: Motilal Oswal

We remain excited about the long-term growth potential of the non-lending financials.

Non-Lending Q2 Preview - Healthy Momentum Seen Across Capital Markets, General Insurance, MF: Motilal Oswal
A finance professional discussing with client through mobile phone while trading stocks. (Source freepik)

BQ Prime'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 BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

Motilal Oswal Report

Capital market activity picked up momentum in Q2 FY23 across most parameters (volumes, orders) except client addition. Volumes in futures and option for both equities and commodities continue to surge, while cash volumes recovered.

We expect all the companies under coverage to see a sequential uptick in revenues and profits.

General insurance industry saw growth momentum slowing down albeit previous quarters had the advantage of the base effect. Although the health segment slowed down, it remained healthy at 14% YoY in August 2022.

The motor segment too saw steady growth of 12% in July/August 2022. Health claim ratios are likely to be elevated with monsoon-related ailments and sticky Covid-related consumables/tests.

Mutual fund assets under management for the industry grew month-on-month in July/August on the back of systematic investment plan volumes and positive mark-to-market, leading to increased share of equity in industry AUM.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime 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 BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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