According to the spec on T132738: Mark groups of notifications as read
When the user is filtering results to view only Unread, clicking the Mark group as read button will cause the group to >a) get marked as read and b) disappear.
When a user is viewing only Unread, clicking the 'Mark group as read' button will cause the group to a) get marked as read but NOT to b) disappear. The page requires manual refreshing.