Sensex jumps after selloff seen as overdone

India's stock markets jumped more than 2 percent on Monday, heading for their biggest daily gain in more than a year as rallies in global markets boosted risk appetite and sent stocks of recently battered lenders such as State Bank of India (SBI) sharply higher. The gains, which follow rallies in Europe and the Wall Street on Friday, were sparked after Indian indexes last week posted their biggest weekly losses since July 2009 due to disappointing corporate earnings and weak global markets. "Mar