How do US markets affect Indian indices?
Price Action Pro
@pa_pro
I notice Nifty always gaps up or down based on what happened in the US overnight. How strong is this correlation?
Smart Money · ICT · Price Action
Price Action Pro
@pa_pro
I notice Nifty always gaps up or down based on what happened in the US overnight. How strong is this correlation?
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.
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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Index and equity trading for Indian and US markets. Share Nifty 50, Bank Nifty, Sensex setups alongside US30, NAS100, and SPX500 technical analysis.
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