On June 3, 2026, the GIFT Nifty is expected to decline by 135 points at the market open, primarily due to escalating tensions between the US and Iran. US Secretary of State Marco Rubio's comments regarding Iran's military actions in the Strait of Hormuz have raised concerns about the peace negotiations, suggesting a prolonged conflict in the region. Investors are also awaiting the Reserve Bank of India's Monetary Policy Committee meeting, which commences today. In contrast, the Asia-Pacific markets showed positive movement, with Japan's Nikkei 225 achieving a new high, up 2.12%. The S&P 500 and Dow Jones Industrial Average in the US also closed higher, by 0.13% and 0.45%, respectively. Brent crude oil prices rose by 1.08% to $97.04 per barrel, while gold and silver futures experienced slight declines. Additionally, the Merritronix IPO is concluding today, targeting ₹70.03 crore, while CMR Green Technologies is launching its IPO aiming to raise ₹630.88 crore at ₹192 per share.