Nifty Soars to Record Highs, But US-Venezuela Tensions Threaten Global Markets

Market
C
CNBC TV18•04-01-2026, 14:06
Nifty Soars to Record Highs, But US-Venezuela Tensions Threaten Global Markets
- •Nifty scaled a new all-time high of 26,340, closing at a record 26,328, marking its third consecutive session of gains.
- •Broader markets outperformed, with Nifty Midcap 100 and Smallcap indices also reaching new highs.
- •Ministry of Electronics cleared 22 proposals worth ₹41,863 crore investments; December GST collections rose 6.1% YoY to ₹1.75 lakh crore.
- •Geopolitical risks resurfaced as the US launched strikes on Venezuela, capturing President Nicolas Maduro, potentially impacting crude oil and precious metals.
- •Experts project Nifty's next upside target at 26,750, with strong support at 26,100-26,200, but warn of global market spillover from the US-Venezuela conflict.
Why It Matters: Nifty reached record highs, but new US-Venezuela tensions pose a significant risk to global market stability.
✦
More like this
Loading more articles...




