Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains

Suspected yen intervention drove Nikkei to climb significantly. It reached an intraday high of 65249 and is now at 64506.

Technicals	CMP -64506	Trend
4- Hour chart	Value
55 EMA	64130	CMP>value	Bullish
200- EMA	66701	CMP <value	Bearish
365- EMA	65291	CMP<value	Bearish
EMA	61519	CMP>Value	Bullish

 Near-term resistance - 65300/65500/67550. Near-term support- 64000/62650/61500.

Momentum indicator	Inference	Value
CCI(50)	Neutral
ADX	Neutral

 It is good to buy above 65300 with a SL around 64000 for a TP of 67500.

Nikkei Market Snapshot: Top Performing Sectors & Key Scrips

 

Strong gains in high-tech and industrial supply chains, headed by the Electric Appliances and Semiconductor Electronics sector (up around 3%), together with strong results in Nonferrous Metals and Precision Instruments, are now driving Japan's stock market. Among outstanding individual stocks to keep an eye on are Advantest Corp. (+10.85%), NEC Corp. (+8.43%), Hitachi (+6.01%), and Mitsui Mining & Smelting (+5.57%). All of these companies are profiting from the rising demand for AI chips, strong corporate IT spending, and infrastructure development in the power grid.