Nifty Soars to Record Highs, But US-Venezuela Tensions Threaten Global Markets
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CNBC TV1804-01-2026, 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.

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