๐Ÿ”Œ The Transmission Map

How global overnight markets actually move NIFTY sectors โ€” every cell is a measured 250-session correlation between the asset's move and the sector's next-session relative return. Green = moves together, red = moves opposite, blank = no real wire. Health badges flag relationships that are currently fading. Refreshed nightly. This feeds the Morning Compass; methodology on the track record.

HANG SENG → lifts NIFTY METAL
corr +0.21 over 250 sessions
NASDAQ → lifts NIFTY REALTY
corr +0.20 over 250 sessions
GOLD → lifts NIFTY METAL
corr +0.20 over 250 sessions
DOLLAR INDEX → lifts NIFTY FMCG
corr +0.20 over 250 sessions
HANG SENG → lifts NIFTY COMMODITIES
corr +0.19 over 250 sessions
CRUDE OIL → weighs on NIFTY AUTO
corr -0.19 over 250 sessions
SP500 → lifts NIFTY AUTO
corr +0.18 over 250 sessions
NASDAQ → lifts NIFTY AUTO
corr +0.18 over 250 sessions
Sector โŸ Global cueNASDAQSP500HANG SENGNIKKEICRUDE OILGOLDCOPPERUSDINRDOLLAR INDEXUS 10Y YIELD
BANK NIFTYALIVE+0.09+0.11+0.01-0.05-0.06+0.01+0.01+0.02-0.01-0.11
NIFTY AUTOALIVE+0.18+0.18-0.01+0.02-0.19+0.01+0.08-0.07-0.18-0.17
NIFTY COMMODITIESALIVE+0.09+0.07+0.19+0.14-0.07+0.18+0.11-0.04-0.10+0.02
NIFTY CONSUMPTIONALIVE+0.01-0.02+0.06+0.14-0.02+0.00+0.04-0.06+0.02-0.01
NIFTY ENERGYALIVE+0.05+0.01+0.16+0.12-0.01+0.11+0.01-0.01+0.03+0.13
NIFTY FMCGALIVE-0.12-0.14+0.12+0.07+0.12-0.02-0.06+0.03+0.20+0.11
NIFTY INFRAALIVE+0.05+0.01-0.01+0.07-0.11+0.01-0.01-0.03+0.00+0.06
NIFTY ITFADING+0.03+0.03-0.04-0.02+0.04-0.10-0.03-0.04-0.03+0.09
NIFTY MEDIAALIVE+0.12+0.11+0.09+0.09-0.04+0.00+0.01+0.04-0.08-0.02
NIFTY METALALIVE+0.16+0.17+0.21+0.12-0.09+0.20+0.14-0.07-0.17-0.05
NIFTY PHARMAFADING-0.03-0.03+0.02+0.02+0.03-0.09+0.16+0.06+0.06+0.06
NIFTY PSEALIVE+0.00-0.02+0.17+0.14-0.01+0.12+0.07+0.01-0.05+0.08
NIFTY PSU BANKALIVE+0.10+0.12+0.00-0.05-0.07+0.04+0.03+0.05-0.07-0.04
NIFTY PVT BANKALIVE+0.01+0.01-0.01-0.03-0.03-0.05+0.00+0.03+0.02-0.09
NIFTY REALTYALIVE+0.20+0.17+0.05+0.12-0.10+0.12+0.04-0.10-0.09-0.03
NIFTY SERVICE SECTORWEAK+0.07+0.07-0.03+0.01-0.03-0.02+0.03+0.02-0.01-0.03

Reading it: each row is a NIFTY sector, each column a global input (previous completed session). Correlations use sector returns relative to NIFTY, so a wire means the asset shifts the sector versus the market, not just with it. |corr| < 0.08 is shown faint โ€” folklore wires that don't measure up. Health badge = the sector's strongest wire compared over the last 60 sessions vs 250: ALIVE ยท FADING ยท FLIPPED. Data through 2026-06-16.