Asian markets today, June 4 -- Asian markets traded lower on Thursday, 4 June, mirroring overnight declines on Wall Street, as ongoing tensions between Iran and the U.S. continued to support higher oil prices, raising concerns about energy costs and inflation.

South Korea's Kospi dropped 1.25%, while the small-cap Kosdaq surged more than 3.83% as trading resumed following a public holiday.

Japan's Nikkei 225 declined 1.74%, retreating after reaching a record high in the previous session, while the broader Topix index fell 1.09%. Australia's S&P/ASX 200 slipped 1.14%.

Meanwhile, mainland China's CSI 300 lost 0.84%, and Hong Kong's Hang Seng Index was down 0.93%.

Back home, Gift Nifty was trading near the 23,346 mark, about 170 points b...