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Indian benchmark indices ended in the red on June 3, 2026, dragged by a sharp sell-off in IT stocks after recent AI-driven gains. Rising crude oil prices, US-Iran tensions, FII outflows, and caution ahead of the RBI policy meeting weighed on sentiment. However, banking stocks outperformed, helping Bank Nifty close nearly 1% higher.

Japan's Nikkei crossed the 68,000 mark for the first time, fueled by strong AI and semiconductor-related buying, while regional markets remained resilient despite escalating US-Iran tensions and rising crude oil prices. For India, elevated energy costs and Hormuz-related supply risks continue to pose challenges, even as the global AI investment cycle supports opportunities for the technology sector.

Rajesh Exports was once celebrated as a global gold refining powerhouse. Today, it finds itself at the centre of one of India's biggest corporate governance investigations. With SEBI alleging revenue mismatches of ₹15.15 lakh crore, questionable transactions, and fund diversion, the case serves as a powerful reminder that strong governance and financial transparency matter as much as earnings growth.

PhysicsWallah stock rallied nearly 18%, adding ₹5,000 crore in market value after the company announced a major restructuring of its student lending business. The move reduces credit risk, improves scalability, and shifts lending exposure to regulated NBFC partners.

Bliss GVS Pharma touched a fresh 52-week high of ₹447 following WHO-GMP approval, strong FY26 financial performance, a 100% dividend declaration, and Anupam Rasayan's proposed acquisition of up to 74.2% stake in the company.

CMR Green Technologies IPO garnered strong investor interest on Day 2, with subscription reaching 4.97 times. The NII category led demand at 11.53 times, while GMP climbed to ₹67.5, signaling a potential listing gain of over 35%.

Rajesh Exports has defended its financial reporting after SEBI's interim order highlighted revenue mismatches of ₹15.15 lakh crore. The company says its revenues are accurate, denies any overstatement, and attributes the issue to a communication gap regarding financial data interpretation.

Trent shares traded higher as investors rushed to secure eligibility for the company's first-ever 1:2 bonus issue. With June 4 set as the record date, today is the final day to buy shares under the T+1 settlement cycle.

IFCI stock has surged sharply amid growing optimism around the NSE IPO. With its indirect stake in NSE through SHCIL, investors are viewing IFCI as a potential value-unlocking opportunity. Here's a closer look at the drivers, risks, and outlook for the stock.

CMR Green Technologies IPO has attracted attention due to its strong aluminium recycling business, ESG-focused growth story, and rising GMP. While the company benefits from market leadership and a strong automotive customer base, investors should also consider concerns around rising debt, thin margins, and the pure OFS structure before subscribing.