Nifty Hits Record High Amid US-Venezuela Tensions: Experts Predict Future Moves

Business
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Moneycontrol•04-01-2026, 15:44
Nifty Hits Record High Amid US-Venezuela Tensions: Experts Predict Future Moves
- •Nifty reached a new all-time high of 26,340, closing at 26,328, marking its third consecutive gain.
- •US attacks on Venezuela, including the alleged detention of President Nicolas Maduro, raise global market concerns.
- •Experts predict Nifty's next upside target at 26,750, with strong support near 26,200-26,100, advising 'buy on dips'.
- •PSU Bank, Metal, and Realty sectors led gains; Midcap and Smallcap indices also hit new all-time highs.
- •Geopolitical tensions could impact crude oil and precious metals due to Venezuela's large reserves.
Why It Matters: Nifty scales new peaks, but US-Venezuela conflict introduces global market volatility and risks.
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