Sensex rises 200 points, Nifty above 24,300 as oil prices slip ahead of US sanctions on Iran. What to expect?

Indian equities opened higher on Monday, with Sensex and Nifty extending gains as oil prices eased ahead of fresh US sanctions on Iran. IT and metal stocks led sectoral gains, while pharma declined. Broader markets also advanced, market breadth remained positive, and India VIX fell over 3%, signalling reduced volatility.