Nifty jumps 1 pct, posts highest close in two weeks

REUTERS - The Nifty closed 1 percent higher on Monday, posting its highest close in two weeks, as investors shrugged off weak Chinese data and uncertainty whether the U.S. Federal Reserve would hike rates later this week.

The Sensex gained 0.96 percent to close at 25,856.7. The Nifty ended 1.06 percent higher at 7,872.25.

Both indexes recorded their highest close since Aug. 31.

(Reporting by Karen Rebelo in Mumbai; Editing by Subhranshu Sahu)