A Comparative StudyBetween Nifty-50 Index With Nifty IT Index And Nifty Pharma Index After Post COVID-19 With Special Reference To NSE

Abstract

The Nifty -50 is well diversified 50 stock indices,which encompasses all the essential industries of Indian economy and acts as a flagship of India’s economic growth. In this proposed research paper, researcher mainly focused on National Stock Exchange [NSE]. The Nifty-IT and Nifty-Pharma index is the part of Nifty-50 index, When IT and Pharma Sectors are bullish or bearish it contributes a lot in Nifty-50 index. The mainobjective of this proposed research paper is to analysis between Nifty-IT index and Nifty-Pharma index with Nifty-50 index. After Post COVID-19 this is to analyzed empirically since the period of April 01^st 2020 – January 1^st2024 data (2020-2024) for Nifty-50 index, Nifty-IT index and Nifty-Pharma index has been considered for analysis. For this research paper, Two -Way ANOVA test has been applied to analysisthe comparisons of the means of various groups by means of certain estimation procedures. By using both Two-Way ANOVA and T-It has been observed that there was a Positive Correlation when it was tested between Nifty ITindex, Nifty-Pharma index and Nifty-50 index. In this paper the data has been collected from the secondary sources