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Question#indices
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Price Action Pro

Trader · · 315 views

How do US markets affect Indian indices?

I notice Nifty always gaps up or down based on what happened in the US overnight. How strong is this correlation?
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TW

Trading Wolf

Trader · 15 days ago

The SGX Nifty (now GIFT Nifty) trades overnight and shows pre-open direction based on US market moves. The correlation is roughly 60-70% on normal days.

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TW

Trading Wolf

Trader · 15 days ago

Major US market drops (2%+) almost always create gaps in Nifty. But Indian markets have their own drivers that can override the US direction — especially around domestic events.

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