RDB RasayansIPO of 45 lakh shares with a price band of Rs 72-79/sh closes today QIBs: Nil NIIs: Nil RIIs: 0.23 times Overall: 0.08 times
IMF says -Emerging markets not doing enough to boost demand -Seeing downside risks on the horizon -Path for recovery narrowing -Household, bank debt can choke recovery in advanced economies -Reducing deficits too fast could harm recovery -Need to trim US household debt, sovereign debt in Europe -Reform of financial sector remains a priority -Europe needs to boost bank capital buffers -Financial reform delays fuelling lack of market confidence -World needs political leadership to secure recovery
Other stocks and sectors that are in news today: -RIL to review oil & gas strategy, may partner BP to drill abroad instead of bidding for new blocks in India (ET) -Oil India joins rush for Energy assets, to invest Rs 4000 crore in oil & gas blocks in Africa, Australia & latin America (ET) -Tata Power may run Mundra plant at low capacity to trim losses (ET) -Indian Oil to raise borrowing limits by Rs 30,000 crore (BS) -CAG begins conducting new audit of RIL to check whether exchequer incurred loss at companies KG block (Mint) - Aventis , Universal Medicare deal under I-T scanner (Mint) -Ex Dividend: Ucal Fuel Rs 4/sh -PG Electroplast to list on September 26 -Crisil goes ex-stock split on September 28 - from Rs 10 to Re 1 -F&O Ban: ABG Shipyard, Gitanjali Gems, IFCI
