Wall Street extended its Santa Claus rally with a third straight day of gains, keeping major US indices close to record highs.

The S&P five hundred rose about zero point six percent, the Nasdaq gained roughly zero point five percent, and the Dow added close to zero point five percent in the latest session.

US tech led the move, with Tesla up one point five six percent, Nvidia up one point four nine percent, Micron jumping four percent, and Oracle gaining three point three four percent.

Geopolitical tensions between the United States and Venezuela boosted haven demand, driving gold to a record above four thousand four hundred twenty dollars an ounce and lifting silver to fresh highs near sixty-nine dollars.

Crude oil stayed well supported on the back of these tensions, helping energy stocks join the risk-on move.

Indian ADRs gave mixed cues: Infosys ADR fell about five percent, while HDFC Bank ADR rose one point one one percent, ICICI Bank ADR edged up zero point two three percent, and Reliance GDR climbed one point one five percent.

This points to some profit-taking in IT even as Indian banking and energy names continue to attract global interest.

Asian markets are broadly positive this morning, with Japan’s Nikkei up one point nine three percent, Hong Kong’s Hang Seng higher by zero point four three percent, and Shanghai’s Composite up zero point six nine percent in early trade.

Gift Nifty is around twenty-six thousand two hundred thirty, signaling a modestly positive start versus the last Nifty fifty close near twenty-six thousand one hundred seventy-two.

US–Venezuela tensions over oil and sanctions are supporting crude and precious metals, adding a geopolitical risk premium to global markets.

For India, higher energy prices can help domestic oil and gas players but may eventually pressure inflation and margins if elevated levels persist.

At home, mild foreign institutional selling has been offset by strong domestic institutional buying, helping Nifty consolidate above the key twenty-six thousand mark.

Infosys has raised full-year revenue growth guidance to the two to three percent range in constant currency, which could stabilize IT sentiment over time despite current ADR weakness.

The rupee is relatively steady in the high eighty-nine range against the US dollar, supported by flows and an active central bank.

Technically, Nifty fifty has support near twenty-six thousand eighty-three with a broader floor around twenty-six thousand, while resistance stands near twenty-six thousand one hundred eighty-four, twenty-six thousand two hundred sixteen, and twenty-six thousand two hundred sixty-seven.

Bank Nifty faces resistance around fifty-nine thousand three hundred fifty-nine to fifty-nine thousand four hundred ten, with key support at fifty-eight thousand seven hundred, suggesting quality financials may still see buying on dips.

Crude oil near the high fifty-dollar range per barrel is up roughly two and a half percent, reflecting supply concerns tied to Venezuela.

Gold and silver hover around record territory, driven more by geopolitical risk than by fresh inflation fears, an important nuance for equity positioning.

Overall, the tone for today’s session is cautious optimism: year-end technical strength, firm global risk sentiment, and resilient domestic flows are supportive, but elevated commodities and IT volatility argue for prudence.

Nifty looks capable of testing the upper resistance zone near twenty-six thousand two hundred sixty-seven if global cues stay constructive, though profit-taking around those levels is likely.

Bank Nifty’s constructive setup and ongoing interest in financials and energy favor focusing on high-quality names in these sectors, while avoiding excessive leverage into thin year-end liquidity and geopolitical uncertainty.