Sensex jumps over 200 points, tech shares up

Mumbai: The BSE Sensex jumps over 200 points and the Nifty is trading 1 per cent higher, heading for their first winning session in three.

Technology stocks lead on weaker rupee - Infosys Ltd surges 3.7 per cent.

Lenders gain ahead of the RBI's policy review, due on Tuesday. State Bank of India gains 0.5 percent, while ICICI Bank adds 0.6 per cent.

The RBI is seen keeping rates on hold but could announce liquidity-enhancing measures such as a cut in the statutory liquidity ratio (SLR).

However, Coal India Ltd falls 1.1 per cent after it missed the production target for July.