Market Performance - The Nikkei rose 1.32% to close at 52,518.08, marking a 4% increase in the first two sessions of the year, influenced by Wall Street's strength [1][6] - The broader Topix also reached a record high, increasing by 1.75% to 3,538.44 [2][6] Investor Sentiment - Kazunori Tatebe, chief strategist at Daiwa Asset Management, noted that the fundamental setting for Japanese equities is strong, leading to increased investor appetite when positive cues are present [2][6] - The shift from deflation to inflation and corporate governance reform are key factors contributing to this positive sentiment [2][6] Sector Performance - Eneos Holdings, a refiner, surged 5.39%, leading the Topix's oil and coal products index, which rose 4.7% to become the top performer among the Tokyo Stock Exchange's 33 industry sub-indexes [5][6] - The bank share index climbed 3.35%, with Mizuho Financial Group increasing by 5%, while Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group each rose nearly 3% [5][6] Notable Declines - Chubu Electric Power experienced a significant decline of 9.59%, becoming the worst percentage loser on the Nikkei due to disclosed potential issues with earthquake standards at a nuclear plant [6]