India beat South Africa by an innings and 137 runs in second Test, clinch series
Pune: India won the second Test against South Africa by an innings and 137 runs to seal the three-match series with a game to spare, here on Sunday.
India had won the series-opener in Bengaluru by 203 runs.
Following on, South Africa were all out for 189 in their second innings in the final session of day four. India scored a mammoth 601 for five in their first innings with skipper Virat Kohli leading the side with a majestic double hundred.
Opener Dean Elgar (48) was the top-scorer for the visitors while pacer Umesh Yadav (3/22) and left-arm spinner Ravindra Jadeja (3/52) took three wickets apiece for India.
The third and final Test will be played in Ranchi from October 19. South Africa will return to India next year to compete in a three-match ODI series, beginning in Dharamsala on March 20.
Brief Scores:
India 1st innings: 601 for 5 declared
South Africa: 275 and 189 all out in 67.2 overs (Dean Elgar 48; Umesh Yadav 3/22, Ravindra Jadeja 3/52, Ravichandran Ashwin 2/45).
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Rupee falls 20 paise to 95.43 against US dollar in early trade
Mumbai (PTI): The rupee depreciated 20 paise to 95.43 against US dollar in early trade on Tuesday as market sentiments remained fragile after renewed military exchanges between US and Iranian forces in the Gulf region.
Forex traders said investor anxiety due to instability in the Gulf is causing massive capital flight into safe-haven assets, with the US dollar acting as the primary beneficiary.
Moreover, Brent oil prices is hovering near USD 113 per barrel, maintaining pressure on oil-importing economies like India.
At the interbank foreign exchange market the rupee opened at 95.30 then lost ground to touch 95.43 against the US dollar, in initial trade, registering a fall of 20 paise over its previous close.
Rupee fell 39 paise to close at an all-time low of 95.23 against the US dollar on Monday.
"With oil boiling rupee on Monday fell to a closing low of 95.0875 and this morning the opening was still lower as it becomes more and more vulnerable when dollar index rises due to safe-haven buying and oil prices rise due to the continuous fighting in the Gulf Region," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
The higher oil prices will keep rupee sold off against the dollar as oil companies and FPIs intensify dollar buying, Bhansali added.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 98.51, up 0.15 per cent.
Brent crude, the global oil benchmark, was trading lower by 1.07 per cent at USD 113.22 per barrel in futures trade.
"Market sentiments remained fragile after renewed military exchanges between US and Iranian forces when Iranian forces launched fresh attacks in the Gulf as both sides sought to assert control over the strategic waterway," Bhansali said.
On the domestic equity market front, Sensex declined 361.62 points to 76,907.78 in early trade, while the Nifty dropped 134.90 points to 23,980.60.
Foreign Institutional Investors purchased equities worth Rs 2,835.62 crore on Monday, according to exchange data.
