There is more to BFSI than just banks: Financial Services index stocks with “Buy” rating which may delive

On days when global markets are under pressure, nifty is showing signs of out performance. After opening lower, it is able to inch upward and market breadth also improves gradually. A number of times this up move is led by financial service and bank stocks which are announcing their Q4 result. We take a look at what analysts are saying for select financial service stocks.

IT companies results brought volatility with downward bias, however financial sector companies and especially insurance sector players, have seen a bounce back after their Q4 results. This could be due to the fact that after the union budget, insurance companies had seen a sharp decline and the market punished them more than required. Will there be other companies in the financial sector which could see similar bounce back. We take a look at what analysts are saying for select financial service stocks.

Financial services is a sector which comes under the category of being over owned by foreign portfolio investors. So whenever there is a global issue like the US Fed meeting or inflation risk, it is the financial sector stocks which tend to come under pressure. Will statements from the US Fed which come out after the Jackson hole meeting bring pressure on this sector once again.We take a look at what analysts are saying for all the financial service stocks which are part of the Nifty financial services index.

In the last many months when IT stocks came under pressure it was financial service stocks including banks which have been able to help the nifty recover. In fact after auto it has been the financial services stocks which has led to nifty touch new highs. On days when global markets are under pressure and the nifty is showing signs of out performance. A number of times this up move is led by financial service and bank stocks. We take a look at what analysts are saying for select financial service stocks.

There have not been many instances where one would have seen PSU banks strongly out performing the private banks. But we have seen a divergence in recent times. This probably is a reflection that finally the street has realized that it is wrong to paint all the companies in the banking sector with the same brush. It is even more true for the other parts of the financial service sector with the same brush. While they come under the umbrella of the BFSI, the operating matrix of each segment of financial service is very different and hence it is extremely important to have a look at segments with different lenses. The only common thing which binds the financial service sector is the GDP growth rate as the growth in all segments have a certain well defined relationship with growth in GDP.