Japanese markets opened on a positive note on Tuesday, with major indices extending modest gains as investors tracked global cues. At 7:55 AM IST, the Nikkei 225 Index advanced 0.33% to 51,080.39, while the TOPIX Index gained 0.17% to 3,323.03. The Tokyo Stock Exchange Prime Market Index rose 0.18%, and the TOPIX 100 Index was up 0.40%, reflecting broad optimism across sectors.

Among heavyweight stocks, SoftBank Group Corp. jumped 3.03%, emerging as one of the top performers on the Nikkei, supported by upbeat investor sentiment in the tech and AI space. Toyota Motor Corp. climbed 0.80%, while Hitachi Ltd. gained 1.33% following continued strength in industrial and automation businesses.

Other notable movers included Nintendo Co. (+2.31%), Fast Retailing Co. (+0.76%), and Tokyo Electron Ltd. (+0.44%), while Advantest Corp. slipped 0.34% after a recent strong run. Financials were steady, with Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group edging up 0.28% and 0.17%, respectively.

The broader sentiment remained positive, with analysts noting that easing U.S. Treasury yields and a stable yen provided support to export-oriented stocks.

TOPICS: Top Stories