• SMC open account icon Open an A/C
    • Open an A/C
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Budget News

  • Japan Market gains on bargain hunting
  • January 19,2021  15:49
  • Japan shares surged higher on Tuesday, 19 January 2021, with the benchmark Nikkei 225 Index and Topix index both settling higher, as investors sought out bargains following the market's recent retreat after hitting 30-year highs last week and the yen depreciation to lower 104 level against greenback. However, market gains capped as investors awaited comments from Treasury Secretary nominee Janet Yellen on stimulus later today and the Bank of Japan monetary policy decisions on Thursday.

    At closing bell, the 225-issue Nikkei Stock Average advanced 391.25 points, or 1.39%, to 28,633.46. The broader Topix index of all First Section issues on the Tokyo Stock Exchange rose 10.35 points, or 0.56%, to 1,865.84.

    Investors now look ahead to comments from Treasury Secretary nominee Janet Yellen on U.S. stimulus at the Senate confirmation hearing later today, with her prepared remarks calling on the federal government to act big.

    Also, Joe Biden is due to be inaugurated on Wednesday as the next U.S. president, while the Bank of Japan and the European Central Bank will unveil their monetary policy decisions on Thursday.

    Heavy machinery-maker Mitsui E&S and engineering firm Modec attracted avid buying following a news report that the government is planning commercialization of minor metal mining around the remote Pacific island of Minamitorishima.

    Fast Retailing jumped 3.1%, backed by the news that its causal clothing chain, Uniqlo Co., will start a smartphone payment service.

    CURRENCY NEWS: The Japanese yen was at 104.01 per dollar, as compared to yesterday's trading at around 103.70 per dollar.

    Powered by Capital Market - Live News

Top News
Economy News

Follow us:

  • fb icon
  • Twitter icon
  • Linkedin
  • you tube

Disclaimer: Investment in securities and commodities market are subject to market risks, read all the related documents carefully before investing. SMC Global Securities Ltd. (CIN : U67120DL1997PLC188881): NSE INB/ INF/INE 230771431, BSE INB/INF 011343937, MSEI INB/INF 260771432, CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH 100001849 I SMC Global Securities Ltd.: NCDEX/MCX (8200)/ NMCE/ICEX-INZ000035839 I SMC Global Securities Ltd.: PMS INP000003435 I SMC Insurance Brokers Pvt. Ltd., IRDAI Regi: No: DB 272/04, License No. 289 Valid from 28-01-2020 to 27-01-2023 I Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005, Tel.: (011) 30111000. For any complaints email –, website:

Insurance is the subject matter of solicitation • All insurance products sold through SMC Insurance Brokers Pvt. Ltd. • Investment Banking Services provided by SMC Capitals Ltd. • Equity PMS and Wealth management services provided by SMC Global Securities Ltd. • IPOs and Mutual Funds distribution services are provided by SMC Global Securities Ltd. • Financing Services provided by Moneywise Financial Services Pvt Ltd. • Commodity broking services provided by SMC Global Securities Ltd. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.


Toll-free : 1800-11-0909

Plus Minus 
Copyright ©2016 SMC. All Rights Reserved | Disclaimer | Privacy Policy | RMS Policy | Copyright| Testimonials| Sitemap| Grievance| design agency: triverse| Powered by C-MOTS Infotech (ISO 9001:2015 certified)
Open An Account

Open my trading account now!  X 

* All fields are compulsory