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Bitcoin's decline mirrors the drop in technology stocks that started Monday in the US, as concerns over artificial intelligence firms' massive spending re-emerged.

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Ahead of SpaceX's historic $75 billion initial public offering earlier this month, Musk fused many of his disparate companies into a conglomerate that investors gushed over, even though it doesn't yet make a profit.

Here's a look at stocks that are likely to be in focus during the trading session on Wednesday.

Oil Prices On June 24: Brent Crude Slips To $76 As Hormuz Traffic Picks Up Over US-Iran Peace Talks

An eventual entry into the league of the deepest pool of capital markets with unrestricted flow and ease of forex transactions would help South Korea to attract more global funds, analysts say.

Top picks for Wednesday, June 24 include Adani Power, Sun Pharmaceutical Industries, Ola Electric, IRCTC, and GRP Limited.

The tech rout engulfed global stocks as worries about frothy valuations ignited a fresh bout of volatility after a nearly three-month surge in riskier assets.

South Korean shares recovered after the previous session's sell-off, while markets tracked oil prices and shipping activity through the Strait of Hormuz.

Holding above the 23,750-23,800 zone could lead to consolidation or a pullback towards 24,000-24,100, analysts said.

The broader US market recovered from its intraday lows as gains in defensive stocks, along with advances in technology giants such as Microsoft and Amazon, helped partially offset the weakness in semiconductor shares.

The Rs 900 crore funding includes around one-third equity and two-thirds debt, at a valuation of more than $1 billion.

The price band has been fixed at Rs 144-152 per share for the public issue, valuing the company at over Rs 4,500 crore at the higher end.

The government's OFS in IRFC will open on Wednesday for non-retail investors, while retail investors will be able to place their bids on Thursday.

VRL is targeting a consolidated refinancing of its remaining holding-company debt rather than pursuing a series of smaller liability-management exercises.

Separately, Morgan Stanley expects the company's data centre joint venture to post an Ebitda CAGR of around 160% as digital infrastructure demand accelerates.

Global chip rout deepens as AI-linked semiconductor stocks tumble, dragging the Nasdaq down more than 2%.

However, celebrities would not be allowed to endorse specific products or services, as SEBI said such promotions could unduly influence investor decisions.

S&P 500 opened 1.54% lower at 7,358.50, tech-heavy Nasdaq Composite fell 2.21% at open to 25,598.41.

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