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Evening News Round-up 12-May:

*Don’t rush to buy if market crashes on poll results: CLSA

*Market fairly valued, room for upside on good macro: Rel MF

*Just start of bull run; NDA win not discounted: Samir Arora

*HSBC advises cautious ahead of poll outcome; suggests buys

*Bank Nifty could test 14500 in next 5-7 sessions: JM Fin

*Modi won’t undertake reforms in a hurry, says RJ

*New government set to inherit wobbly economy

*Reliance surges 5%, hits 3 yr-high at over 1000/share

*Torrent Pharma at record high, up 10% on strong Q4 earnings

*Tilaknagar rejects ABD’s claim on Mansion House brand rights

*Oberoi Realty raises Rs 750cr through NCDs

*Srei Infra gains on plans to raise funds via NCDs

*HDFC’s school foray delayed by two years
*Strength seen in 2-wheeler sales to continue: SIAM

*Expect iron ore prices to remain stable going ahead: NMDC

*Expect GNPAs to come below 4% in Q1FY15: Andhra Bank 

*Private sector banks lift Bank Nifty to record highs

*Telecom subscribers rise to 933 million

*Volvo-Eicher JV eyes 15% of domestic CV market this year

*Fund raised via debt securities hit 10 year high in FY14: Report

*RBI SETS 75% LOAN TO VALUE RATIO AGAINST GOLD FOR UCB LENDERS

*IT services market expected to grow at 8.4% in 2014: IDC

*Indian Oil Corp Hires Nine Banks to Arrange $500m Loan Facility

*BHARTI AIRTEL TO SELL $1.25B-$1.5B EQUIVAENT IN $, EURO BONDS

*Cipla to pick 14.6% stake in Chase Pharmaceuticals for $1.5 mn

*CHIDAMBARAM: INDIA SIGNS OECD TAX INFORMATION EXCHANGE TREATY

*CHIDAMBARAM TO DISCUSS BANK RECAPITALIZATION ISSUE TOMORROW

*RCom unveils new suite of enterprise products and services

*VIX at five-year high ahead of exit polls; Rupee strengthens to 10-mth high on exit poll hopes

*Bulls trample bears; Nifty ends at 7014, Sensex up 557 pts on stable govt hope.

*Aurobindo Ph gets Andhra Pradesh High Court nod for Curepro deal

*Infosys Hives Off Products and Platform Business Into Separate Entity

*LawMin tells DEA, DIPP to decide on HDFC Bank’s FDI proposal: PTI

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