What changed
$AXISBANK is set to raise $700M through an ECB swap facility. $USDINR strengthened to 95.41 as oil cooled. Funding tailwind plus firmer rupee.
$LUMINO raised ₹207 crore from anchors; IPO opens August 27. Global risk bid is alive—China/HK AI rebound, $BTC hugging $79K before US PCE/GDP.
So what? Next open is fragile below 24,250. Watch 24,200 support. Softer oil and the global AI bid are the offsets to the auction scare.
Watch: $20B