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Evening News Round-up:

Evening News Round-up:

*See tactical rally in bank stocks pre-polls: Macquarie

*Short-term investors go with mkt flow; cyclicals to outperform: Udayan

*Don’t see this as unprecedented bull rally: Sandeep Shenoy

*See rupee between 60.5-63.5/$ before elections: StanChart

*Poll outcome, monsoon risks for debt outflows: HSBC AMC

*See 2-3% more upside in Indian mkt: Richard Gibbs

*Current market momentum won’t last for long: Anand Tandon

*New Cos Act good but good directors scarce: Nishit Desai

*Tesco JV will aid earnings in 3-5 yrs; buy Trent: PhillipCapital

*China March HSBC flash PMI falls for fifth month in row

*Market intervention not effective, price fall continues in rubber mart

*Supreme Infrastructure gets Rs 618-cr order

*Persistent Systems invests in Hyginex

*Cisco joins cloud computing race with $1 bn plan

*Nokia to transfer assets to Microsoft by April 2014

*Lockout continues at Toyota as workers refuse to sign undertaking

*Brent holds above $106 on weak China data, seasonal slump

*Amtek India, Amtek Auto extend rally post acquisition of Kuepper Group Germany

*Not exiting scooter, CV biz; strong launches seen in FY15: M&M

*HDFC sees India growing 8% in 5 years

*ITC in focus, exits shampoo biz; CLSA advises to buy it

*Reliance Power commissions third unit of Sasan UMPP

*BHEL bags Rs 3,000 crore order from NTPC

*Nifty inches towards 6600; ONGC, ICICI Bank lead gainers

*ACC likely to buy Jaypee’s stake in two cement JVs with SAIL

*P-Notes investment hits 3-month high at Rs 1.73 lakh cr in Feb

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