Sensex jumps over 200 pts, Nifty tops 24,550 on strong global cues; metal stocks rally

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Indian benchmark indices Sensex and Nifty commenced trading on a positive note, reflecting the upward trend in Asian markets. This surge follows encouraging U.S. retail inflation data, fueling anticipation of a Federal Reserve rate cut in September. Easing domestic price pressures further bolstered investor confidence, contributing to the optimistic market sentiment.