The BSE Sensex and Nifty rose more than 2 per cent on Monday, posting their biggest single-day percentage gain in nearly nine months as expectations for a US rate hike faded after weaker-than-expected US jobs data.
Indexes posted a fourth consecutive day of gains after earlier hitting their highest intraday levels since August 21. Markets were closed on Friday for a public holiday.
The Sensex gained 2.15 per cent to end at 26,785.55, while the Nifty rose 2.12 per cent to end at 8,119.30. Both posted their biggest single daily gains since January 15.