MUMBAI (Reuters) - The BSE Sensex and Nifty rose more than 2 percent on Monday, posting their biggest single-day percentage gain in nearly nine months as expectations for a U.S. rate hike faded after weaker-than-expected U.S. jobs data.
Indexes posted a fourth consecutive day of gains after earlier hitting their highest intraday levels since Aug. 21. Markets were closed on Friday for a public holiday.
The Sensex gained 2.15 percent to end at 26,785.55, while the Nifty rose 2.12 percent to end at 8,119.30. Both posted their biggest single daily gains since Jan. 15.
(Reporting by Karen Rebelo in Mumbai; Editing by Anand Basu)
