“COVID 19 IMPACT ON PHARMACEUTICAL STOCK ”
Bhalani Nicky
, Nancy Bachani , Dr.Aashaka Thakkar
COVID 19,Pharmacutical industry, PHARMACUTICAL MARKET and international trade
In light of the recent Covid 19 epidemic, this research will analyze the performance of top pharmaceutical companies trading on India's National Stock Exchange. We have picked 10 major pharmaceutical businesses registered with NSE, and the decision was completely based on the market capitalization of the companies. The study's overarching hypothesis was that pharmaceutical equities will go in the opposite direction of the market (contrarian effect). The time frame that was examined was split into two parts: before and after the Covid 19 crisis. There are a total of 123 daily price observations for the 10 pharmaceutical firms included in this study. The duration of research is extending from 3rd September 2019 to 28th February 2020. According to the data, the momentum effect is still at work in the pharmaceutical stock market, with pharmaceutical equities tracking the general benchmarking index's movements. The total number of companies is reduced.
"“COVID 19 IMPACT ON PHARMACEUTICAL STOCK ”", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 3, page no.a804-a813, March-2023, Available :https://ijnrd.org/papers/IJNRD2303084.pdf
Volume 8
Issue 3,
March-2023
Pages : a804-a813
Paper Reg. ID: IJNRD_187893
Published Paper Id: IJNRD2303084
Downloads: 000118871
Research Area: Management
Country: Vadodara, GUJARAT, India
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJNRD (IJ Publication) Janvi Wave
