BSE Sensex rises ahead of ICICI, Axis Bank results

Reuters Market Eye - The BSE Sensex and the Nifty gain, snapping two day losses, as banking stocks advance on expectations for good fiscal Q4 earnings.




* ICICI Bank (NSI:ICICIBANK.NS - News) up 1.5 percent ahead of results later on Friday.
* Axis bank (AXBK.NS), which also reports on Friday, advances 1.7 percent.
* HDFC Bank (NSI:HDFCBANK.NS - News) reported earnings on April 18, beating forecasts with a 30.3 percent rise in net profit to 14.53 billion rupees.
* The benchmark 30-share BSE index 0.45 percent, while the 50-share NSE index gains 0.48 percent.

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