India, June 1 -- The Japanese stock market is trading sharply lower on Tuesday, reversing the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight, with the Nikkei 225 falling to near the 66,050 level, with weakness in automakers, exporters and technology stocks.

The benchmark Nikkei 225 Index is down 880.20 points or 1.32 percent at 66,054.13, after hitting a low of 65,970.86 earlier. Japanese shares ended significantly higher on Monday.

Market heavyweight SoftBank Group is edging up 0.4 percent, while Uniqlo operator Fast Retailing is losing almost 1 percent. Among automakers, Honda is losing more than 1 percent and Toyota is declining more than 2 percent.

In the tech space, Advantest, Screen...