Data to 5 October 2026

Is the world helping or hurting Indian shares?

Nifty 50 and S&P 500, 1-year correlation

0.45
correlation of weekly returns, 5 Oct 2026

Inside its usual range of 0.37 to 0.55. The record is 0.81, in March 2020. Up from 0.33 a year ago.

201020200.200.400.600.800.81, Mar 2020usual range, 0.37 to 0.550.4520102015202020250.200.400.600.800.81, Mar 20200.17, Dec 2019usual range, 0.37 to 0.550.4520102015202020250.200.400.600.800.81, Mar 20200.17, Dec 2019usual range, 0.37 to 0.550.45200620082010201220142016201820202022202420260.200.400.600.800.81, Mar 20200.17, Dec 2019usual range, 0.37 to 0.550.45

What it is. How closely weekly moves in the Nifty 50 and the S&P 500 have tracked each other over the last year.

How to read it. 1 means they move together, 0 means unrelated. Correlations jump in global sell-offs, just when diversification is wanted.

Source: Overseas indices Method Data

The numbers

Latest0.455 Oct 2026
A week ago0.41
A month ago0.42
A year ago0.33
Usual range0.37 to 0.55
Median0.44
Lowest0.176 Dec 2019
Highest0.8120 Mar 2020
Percentile, full history53
Percentile, last 5 years60

The usual range is the middle half of readings since 2005. A percentile is the share of the 1,136 readings since 7 Jan 2005 that were below today's. Data: statistics, history (JSON); history as CSV.

To cite: tipsheet, “Nifty 50 and S&P 500, 1-year correlation”, data to 5 Oct 2026, https://tipsheet.markets/i/nifty-sp500-correlation/

Read it with

Brent crude 114.0above usual
The broad dollar 121.4above usual
Fed balance sheet 6,743below its record
US net liquidity 5,747above usual

the usual range: the middle half of all readingstodayEach line runs from the lowest reading ever to the highest.