New Delhi, Jan. 7 -- Venezuela's stock market cheered the US raid on the Latin American country over the weekend to oust Venezuelan President Nicolas Maduro, with the Caracas Stock Exchange recording a massive run-up in the last two days.

After surging 16% on Monday, the Caracas Stock Exchange's IBC index jumped another 50% on Tuesday, January 6, taking the two-day rise to 75%.

The IBC index rose to a high of 3,910.42 in the last trading session and ended the day at 3,896.77, a jump of 50.01%. The index has added almost 162% in a month and a massive 2,979% in a year, far eclipsing the returns given by any major stock markets or commodities.

Venezuelan President Nicolas Maduro remains in a New York jail facing US drug-trafficking and re...