The S&P 500 closed down by 1.37% yesterday on the back of higher than expected US inflation report. If you are wondering how Nifty will react, you can look at how GIFT Nifty traded overnight to get a sense.
Search for "GIFT Nifty" on Kite.
Gift Nifty (previously SGX Nifty) is a futures contract based on the Nifty 50 index that trades at the NSE International Exchange for 20 hours.
This contract is a popular way for traders to see the potential impact of overnight and early morning global events on Nifty.
Keep track of all the global events that have an effect on markets using this events calendar by Sensibull: https://web.sensibull.com/stock-market-calendar?tab=global-events
