Nikkei Longest Winning Run Since 1961

At 6:30 AM, GIFT Nifty Futures were trading about 103 points lower at 24,741, suggesting a gap-down start for Indian markets.

Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February

The Nikkei reclaimed its 1989 peak last month as investors from around the world piled into Japan's biggest companies on improving shareholder returns, the weaker yen and booming corporate profits

For the week, it gained 1.4 percent, its sixth straight weekly gain and the longest such winning streak in a year