The study looked at how different stock markets around the world are connected. They analyzed the average prices of major stock indices like BSE-Sensex, NYSE, NASDAQ, and others. The results showed that there is a strong connection between domestic and international financial markets. BSE-Sensex in India had the most fluctuations compared to other indices. It was closely linked to NYSE and Hang Seng. The Chinese SSE Composite index was strongly correlated with BSE-Sensex and Hang Seng. The Japanese Nikkei 225 had strong connections with most indices except for Sensex, Hang Seng, and SSE Composite. The European FTSE 100 was closely related to US stock markets and the Nikkei 225.