Nikkei edges down as market awaits BOJ
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By Ayai Tomisawa
TOKYO, March 15 (Reuters) - Japan's Nikkei share average eased in choppy trade on Tuesday but most investors stayed on the sidelines awaiting the outcome of the Bank Of Japan's two-day policy meeting.
The Nikkei fell 0.3 percent to 17,186.23 points after flirting with positive territory briefly. The benchmark index soared 1.7 percent on Monday.
Most market players expect that the BOJ will not make drastic moves on Tuesday, after its decision in late January to move to negative interest rates stunned global markets.
But investors were still wary that the central bank could spring another surprise. A decision is expected later in the morning.
"The BOJ has a track record of surprising the market so we are cautious," said Hikaru Sato, a senior technical analyst at Daiwa Securities. Continuación...