Closing Bell: Market closes higher, Sensex gains 200 points; ICICI Bank gains ahead of quarterly results

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Market closes in the green; Axis Bank gains. 
 

The market closes on a positive note with the BSE Sensex gaining more than 200 points ending at 35,208 points and NSE Nifty at 10,715 points. Axis Bank, GAIL, Tata Steel, among others, were among the top gainers. The market gained backed by its global peers. ICICI bank gained 3.59% in trade, ahead of its earnings.

INOX Leisure's Q4 margin rises nearly 5% on a year-on-year basis. Check out the numbers. 

Sandeep Wagle recommends: Buy GAIL and Reliance Infrastructure.

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Don't see problem for exchanges to move to a longer trading cycle: Deena Mehta. ## Don't see problem for exchanges to move to a longer trading cycle: Deena Mehta.
 

Deena Mehta, Asit C Mehta Investments, spoke to CNBC-TV18 on Sebi order on extending derivative trading, said, "I don’t see much of a problem for the exchanges to move on to a longer trading cycle."

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Exide posts net profit at Rs 189.6 crore. ## Exide posts net profit at Rs 189.6 crore.

​Exide posted its net profit at Rs 189.6 crore slightly lower than the CNBC-TV18 poll of Rs 190 crore. The revenue stands at Rs 2,459 crore and the EBITDA at Rs 338 crore. The company's EBITDA margin stands at 13.7%.

Market trades higher; ICICI Bank gains ahead of the earnings.

The market is trading higher with the BSE Sensex gaining more than 200 points at 35,223 points and the NSE Nifty trading above 10,700 points trading at 10,717 points backed by global cues. ICICI Bank continues to gain above 2% ahead of its earnings and is among the top index gainers.

Hold ICICI Bank with a long term view, Gaurang Shah said.

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Ashwani Gujral recommends: Buy ICICI Bank, ONGC and Bajaj Electricals.

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WATCH| ReNew Power to file DRHP for IPO in next few days.

Market reaches day's high; Nifty inches toward 10,700.

The market has reached its day's high with the BSE Sensex trading at 35,168 points and the NSE Nifty trading at 10,698 points backed by global cues. ICICI Bank is currently gaining more than 2% ahead of its earnings and is among the top index gainers. Axis Bank, GAIL and Hindalco are among the top index gainers, pulling up the indices.

Firstsource's Q4 profit after tax stands at Rs 103.8 crore.

Market gains in trade; ICICI Bank reaches day's high ahead of earnings.
 

The market is gaining in trade backed by global cues and banking stocks with the BSE Sensex trading at  35,142 points and the NSE Nifty at 10,691 points. The banks are gaining in trade with ICICI Bank reaching its day's high with a gain of 2.19% and is among the top index gainers. Axis Bank is also among the top gainers. 

Top buzzing midcap stocks to trade today. ##Top buzzing midcap stocks to trade today.

Lupin is lop loser on the Nifty because Credit Suisse has written a report saying that they have seen massive volume loss in diabetes franchise in US and they have cut the target price to Rs 770.

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Visaka Industries posts net profit rising by 46%. Check out the numbers.