Where is the Sensex and Nifty headed?

Indian benchmarks Sensex and Nifty have seen tentative positive sentiment return as US-Iran talks progressed and fears around West Asia conflict and oil trade disruption eased. The Nifty's price-to-earnings ratio stands at around 21, which is neither expensive nor cheap, with investors increasingly demanding results over narratives. The article advises investors to build watchlists of fundamentally strong stocks, avoid speculation, and consider profit booking if the Nifty rises above 26,000.