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The Economic Times

Markets / The Economic Times

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Global Markets: Japan's Nikkei hits 58,000 as yen, JGBs rally on election fallout

Japan's Nikkei share average surpassed 58,000 for the first time. Government bonds and the yen also saw gains. This rally follows Prime Minister Sanae Takaichi's election victory. Markets are reacting to her fiscal policy commitments. Strong earnings and the LDP's win are boosting domestic shares. Investors are watching for potential overheating and profit-taking movements.

12 Feb 2026 11:37 am