Nifty Futures, 10 top stocks that have seen re-rating after Q4 earnings

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Most companies listed on the bourses have announced March quarter earnings, with only a few like State Bank of IndiaBSE -1.10 % and Idea CellularBSE 0.76 % beating market expectations and many others meeting market estimates. 

But the number of companies that have disappointed the Street has been large, and include big names such as Ambuja CementsBSE 0.19 % and ICICI BankBSE 0.93 %, among others. 

Dalal Street, though, has taken the earnings numbers on its stride. There have been some disappointments, but by and large earnings have been pretty much okay, said Mahesh Patil, Co-CIO, Birla Sun Life Mutual Fund.