Global Markets Today
Last updated: 2 Oct, 07:47 pm IST
Top Gainers
NIKKEI 225
+3.30%
68,956.72
BRENT CRUDE
+0.59%
102.91
USD/INR
+0.49%
96.3
Top Losers
AUS200
-1.99%
8,614.4
FTSE 100
-1.64%
10,432.21
CAC 40
-1.62%
7,835.31
🇺🇸 United States
USCOMPOSITE
+0.21%
26,938.43
+56.37 today
DOW JONES
-0.03%
50,914.16
-12.89 today
NASDAQ FUTURES
+0.14%
30,741.75
+43 today
S&P 500 FUTURES
+0.21%
7,688.75
+16.21 today
US10YRYIELD
-1.13%
5.23
-0.06 today
🌏 Asia Pacific
SHANGHAI
+0.31%
3,842.19
+11.74 today
HANG SENG
-0.12%
24,613.3
-29.2 today
AUS200
-1.99%
8,614.4
-174.89 today
NIKKEI 225
+3.30%
68,956.72
+2,203 today
🇪🇺 Europe
FTSE 100
-1.64%
10,432.21
-173.79 today
CAC 40
-1.62%
7,835.31
-129.2 today
DAX
-0.52%
24,958
-130.5 today
🌍 Others
CNY/INR
-0.01%
14.36
0 today
DOLLAR INDEX
-0.15%
101.95
-0.15 today
BRENT CRUDE
+0.59%
102.91
+0.6 today
CRUDE OIL
-0.94%
92
-0.87 today
GOLD
-0.96%
4,137.72
-40.22 today
EUR/INR
+0.00%
108.54
+0 today
GBP/INR
+0.00%
127.13
+0 today
JPY/INR
-0.05%
0.61
0 today
USD/INR
+0.49%
96.3
+0.47 today
EUR/USD
-0.70%
1.13
-0.01 today
USD/CNY
-0.02%
6.7
0 today
USD/JPY
+0.26%
157.83
+0.42 today
How do US markets affect Indian stocks?
Indian markets don't open in a vacuum. When the Dow Jones or Nasdaq fall sharply overnight, SGX Nifty — which trades in Singapore ahead of India — typically shows a gap-down open. This sets the morning tone for Sensex and Nifty 50.
The correlation has increased post-2008, with Indian markets now showing 0.6–0.7 correlation with US markets on a monthly basis. IT stocks like Infosys, TCS, and Wipro are especially sensitive since they derive 60–70% of revenues from North America.
Reading global cues — a practical guide for Indian investors
- →VIX above 25: Fear is high. Markets globally are volatile. Defensive sectors (FMCG, pharma) tend to hold better in India.
- →Nikkei down >2%: Risk-off sentiment in Asia. Mid-caps in India can open sharply lower given lower liquidity.
- →Dollar index (DXY) rising: Emerging market currencies weaken, gold rises in rupee terms, FIIs may reduce India exposure.
- →Hang Seng rallying: China-adjacent recovery. Indian metal, commodity stocks sometimes get a positive rub-off.