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Moneycontrol04-01-2026, 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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