Sensex gains 200 pts, Nifty above 24,600 tracking positive global cues

Sensex and Nifty indices opened higher on Monday, buoyed by gains in banking and energy sectors, following positive trends in Asian markets. Major stocks like ONGC and BPCL rose, while Hindustan Zinc fell after Vedanta's recent announcement. Experts highlighted that local investor activity dominated market movements, although high valuations have deterred foreign investments.