US Raids Venezuela, Captures Maduro; Defence Stocks Soar Up To 5%

Business
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News18•05-01-2026, 11:46
US Raids Venezuela, Captures Maduro; Defence Stocks Soar Up To 5%
- •US military launched "Operation Absolute Resolve" in Venezuela, reportedly capturing President Nicolás Maduro and his wife.
- •The operation followed months of escalating military and economic pressure on Venezuela.
- •US President Donald Trump stated the US would "run the country" until a "safe, proper and judicious transition" of power.
- •Defence stocks like BEL, Paras Defence, HAL, Mtar Technologies, and others rallied up to 5% on January 5.
- •The Nifty India Defence index surged nearly 2%, reaching its highest level in over a month, driven by heightened geopolitical tensions.
Why It Matters: Geopolitical tensions from US action in Venezuela sparked a significant rally in Indian defence stocks.
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