Market Roundup

GENERAL

• US voices concern on gas pipeline issue
• Iran gas pipeline: Mulford meets Aiyer
• IMD: 59 per cent deficit in rainfall thus far
• Reconstituted Board of Trade sets up five working groups
• Dabhol deadlock may be resolved soon
• Inflation hits 13-month low of 4.22 per cent
• Power Grid to enhance capacity to 12,000 MW
  

• Rupee strengthens; bonds range-bound
• IOB shelves GDR issue plan
• IFC to provide $50mn loan to IDFC
• Syndicate Bank second public issue to open in first week of July

MARKETS

• EU budget summit ends in deadlock