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The Economic Times
The Economic Times
Anupam Nagar

Global Market: Japan stocks see sector rotation as tech shares tumble

Japan’s Nikkei share average edged lower on Tuesday as investors shifted away from heavyweight technology stocks toward other sectors, while a sharp rise in government bond yields dampened broader risk appetite.

The tech-heavy Nikkei was down 0.2% at 66,173.86 as of 0200 GMT, after moving between gains and losses in early trading. In contrast, the broader Topix index rose 0.5% to 4,178.62.

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