Market Wrap: Sensex gains 148 points, Nifty above 24,800 on positive global cues, Fed minutes

The Fed minutes confirmed expectations of a rate cut next month, with most policymakers agreeing it would be appropriate if data aligns with forecasts. Market participants are now focused on US initial jobless claims at 6:00 pm IST and Fed Chair Jerome Powell's upcoming remarks at the Jackson Hole Economic Symposium.