India, Nov. 5 -- The Japanese market is trading sharply lower on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is plunging 6.6 percent to below the 57,050 level, with a sell-off across most sectors led by index heavyweights, financial and technology stocks.
The benchmark Nikkei 225 Index is tumbling 4,033.09 points or 6.61 percent to 57,044.81, after hitting a low of 56,971.00 earlier. Japanese shares ended sharply lower on Thursday.
Market heavyweight SoftBank Group is plunging more than 11 percent and Uniqlo operator Fast Retailing is losing almost 3 percent. Among automakers, Toyota is declining more than 3 percent and Honda is slipping almost...