Sensex jumps over 1 percent on earnings growth, U.S. jobs report

Sentiment was also boosted after a weaker-than-expected U.S. jobs report on Friday left some economists anticipating only one interest rate hike from the Federal Reserve this year. Meanwhile, oil prices jumped on Monday as a huge wildfire in Canada's oil sand region knocked out over a million barrels in daily production capacity, contributing to a significant tightening of markets over the past weeks. Also, earnings season so far has been fairly positive," said Gaurang Shah, vice president at Ge