Indian benchmark indices hit fresh highs on Monday but failed to sustain gains, closing lower. The NSE Nifty ended down 0.3% and the BSE Sensex declined 0.4%, despite upbeat Asian markets. Profit-taking at higher levels and a decline in HDFC Bank contributed to the fall.
China reportedly drops rules that sparked property crisis, developer shares surge
Chinese property developers are no longer required to report monthly data related to the country’s “three red lines” policy, local media said on Thursday, an