Japan’s Nikkei 225 index is poised to extend its post-election surge, potentially hitting new highs on Tuesday, as indicated by futures data amidst a broader uptick in Asian markets.

Investors are buoyed by what is being termed the “Takaichi trade,” following Prime Minister Sanae Takaichi’s decisive electoral win in the Lower House.

In the futures market, Nikkei 225 contracts in Chicago were priced at 57,165, while those in Osaka were slightly higher at 57,190, both surpassing the index’s last closing value of 56,363.94.

Meanwhile, Australia’s S&P/ASX 200 index climbed by 0.53% in early trading, marking its trajectory towards a third consecutive day of gains.

Hong Kong’s Hang Seng index futures were at 27,221, higher than the HSI’s last close of 27,027.16

Overnight in the U.S., tech stocks powered the S&P 500 to back to back gains, with the broad-based index rising 0.47%.

The Dow Jones Industrial Average was marginally up to a record high of 50,135.87, and the Nasdaq Composite jumped 0.9%.

—CNBC’s Sean Conlon contributed to this report.