The study measures the efficiency of NSE Pharma Index listed companies, during the COVID-19 pandemic period, ranging from December 2019 to November 2020.The main objective of this paper was to test the price movement of pharmaceutical companies, by using the statistical tools like descriptive statistics, ADF and GARCH (1,1) model. NIFTY Pharma Index reported high volatility duringCOVID-19 pandemic period.

A. Antony Lourdesraj

M. Babu

J. Gayathri

G. Indhumathi

J. Sathya

Academy of strategic management journal/Academy of Strategic Management journal

Academy of Strategic Management Journal (ASMJ) is a scholarly business and management publication that offers an open access platform to discuss the latest discoveries and innovations in this field. Affiliated to Allied Academies, the journal strictly adheres to double blind peer review policy to maintain the publication quality.

The Academy of Strategic Management Journal (ASMJ) is a scholarly publication in the field of business and management that provides an open access platform for discussing the latest discoveries and innovations. Affiliated with Allied Academies, the journal strictly adheres to a double-blind peer review policy to ensure the quality of its publications.

《Academy of Strategic Management Journal》是一本学术性商业与管理期刊，提供一个开放获取的平台，以讨论该领域的最新发现和创新。该期刊隶属于Allied Academies，严格遵循双盲同行评审政策，以确保出版质量。

Efficiency of Nifty Pharma Index during the Covid-19 Pandemic in India

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