India, March 23 -- The Japanese stock market has finished lower in back-to-back sessions, tumbling almost 3,700 points or 7 percent in that span. The Nikkei 225 now sits just above the 51,500-point plateau although it may stop the bleeding on Tuesday.

The global forecast for the Asian markets is upbeat as tensions in the Middle East take a slight breather. The European markets were mixed and the U.S. bourses were up and the Asian markets are expected to follow the latter lead.

The Nikkei finished sharply lower on Monday following losses among the financial shares, technology stocks and automobile producers.

For the day, the index plunged 1,857.04 points or 3.48 percent to finish at 51,515.49 after trading between 50,688.76 and 52,479.81....