# Stocks in News: Vedanta, HDFC Bank, ICICI Bank, Axis Bank

> Monday's key stocks: Vedanta's zinc expansion, HDFC Bank's profit rise, and banking sector updates.
- Title: Stocks in News: Vedanta, HDFC Bank, ICICI Bank, Axis Bank
- Summary: Monday's key stocks: Vedanta's zinc expansion, HDFC Bank's profit rise, and banking sector updates. Vedanta plans to double zinc production capacity to…
- Keywords: vedanta, hdfc bank, icici bank, axis bank, yes bank, oil india, zen technologies, hfcl, ireda, stock market, nifty 50, bank nifty
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-vedanta-hdfc-bank-icici-bank-axis-bank-hfcl-ireda-zen-tech-and-oil-india/articleshow/135037012.cms
- Author: Kumar Gaurav
- Published: 2026-10-19T00:30:00+00:00
- Read time: 1 min
- Topics: vedanta, hdfc bank, icici bank, axis bank, yes bank, oil india, zen technologies, hfcl, ireda, stock market, nifty 50, bank nifty
## Market Recovery
Indian equities extended recovery on Friday with sustained buying in information technology stocks.
## Nifty 50 Performance
Nifty 50 advanced 149 points or 0.65% to close at 23,146.
## Market Outlook
Sustained close above 23,150 could extend recovery towards 23,300, 23,500.
## Bank Nifty Condition
Bank Nifty needs to break above 56,000 for rally to gain durability.
## Vedanta Expansion
Vedanta plans to double annual zinc production capacity to 500,000 tonnes with $600m investment.
## HDFC Bank Results
HDFC Bank reported 4.7% higher quarterly profit to Rs 19,510 crore with declining net interest margin.
## ICICI Bank Performance
ICICI Bank reported 20.1% higher quarterly profit with improved asset quality.
## Yes Bank Results
Yes Bank reported 65.14% higher quarterly profit with improved asset quality.
## Oil India Contract
Oil India signed revenue sharing contract for Special Coal Bed Methane Block SRONHP-(CBM)-2026/1.
## Axis Bank Results
Axis Bank reported 37.6% higher quarterly profit with improved asset quality.
## IDBI Bank Results
IDBI Bank reported 39% decline in quarterly profit with improved NII.
## Bajaj Healthcare Results
Bajaj Healthcare reported 26.9% higher quarterly profit with margin contraction.
## Central Bank of India
Central Bank of India reported 21.1% higher quarterly profit with fundraising plan.
## Key takeaway

Vedanta plans to double zinc production capacity to 500,000 tonnes with $600m investment; HDFC Bank reports 4.7% higher quarterly profit but declining net interest margin.