Mumbai, Nov. 5 -- Japan's Nikkei 225 Index fell 1.79% to close at 61,078 on Thursday, marking its fourth consecutive session of losses. The decline was mainly driven by weakness in technology stocks amid growing concerns over artificial intelligence (AI) development and the possibility of tighter regulations on data-centre investments following Democratic victories in the US midterm elections.

Technology stocks faced heavy selling pressure, with Kioxia Holdings falling 13.1%, Advantest declining 14.7%, and Ibiden Co plunging 16.3%. Meanwhile, investors shifted towards consumer and financial stocks, helping Fast Retailing gain 4.7%, Nintendo rise 6.3%, and Mitsubishi UFJ advance 2.7%.

In corporate news, Toyota Motor shares jumped 16.7% a...