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ASX:CWY 23 February 2026

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  • Stocks to Watch Amid US-Iran Conflict: Vaishali Parekh Recommends IHC, Ashok Leyland, IOC
    April 6, 2026, 3:21 AM EDT. Amid escalating US-Iran tensions, Indian markets showed volatility with Sensex falling 2.22% in FY26 but rebounding in FY27. Vaishali Parekh, Prabhudas Lilladher VP of Technical Research, signals cautious optimism. She highlights crucial Nifty 50 support at 21,800 points and Bank Nifty resistance at 54,000. Parekh advises buying IHC (₹580 target ₹610), Ashok Leyland (₹146 target ₹151), and IOC (₹134 target ₹140), with stop losses to limit downside. Market sentiment remains fragile, influenced by geopolitical risks and oil prices. Investors are urged to consult experts before trading.
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