Rupee hits record low of 83.06 against US dollar
Mumbai (PTI): The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.
Besides, a sell-off in domestic equities and risk-averse sentiments weighed on the local unit, forex traders said.
At the interbank foreign exchange, the domestic unit opened weak at 83.05 against the dollar, then slipped further to quote 83.06, a fall of 6 paise over its previous close. The local currency also hit a high of 83.07 in early deals.
In the previous session on Wednesday, the rupee plunged 60 paise to end at 83 against the dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.07 per cent to 113.06. Brent crude futures, the global oil benchmark, slipped 0.17 per cent to USD 92.25 per barrel.
In the domestic equity market, the 30-share BSE Sensex was trading 140.09 points or 0.24 per cent lower at 58,967.10. Similarly, the broader NSE Nifty fell 43.95 points or 0.25 per cent to 17,468.30.
Foreign Institutional Investors (FIIs) were net sellers in the capital markets as they offloaded shares worth Rs 453.91 crore on Wednesday, according to exchange data.
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Matthews, Sciver-Brunt carry Mumbai Indians into WPL final
Mumbai, Mar 13 (PTI): Nat Sciver-Brunt and Hayley Matthews carried Mumbai Indians to their second WPL final as their power-packed knocks laid the cornerstone for the team's 47-run win over Gujarat Giants in the Eliminator here on Thursday.
After a rather sedate powerplay, Sciver-Brunt (77 off 41) and Matthews (77 off 50) displayed brute force to fire Mumbai Indians to a daunting 213 for four.
Mumbai Indians skipper Harmanpreet Kaur (36 off 12) provided the finishing touches with a crisp cameo.
After an ordinary show in the field and with the ball, the Giants were on self-destructing mode in the chase with three run-outs being an indicator of that.
Their innings ended at 166 all out in 19.2 overs with Matthews also chipping in with the ball, striking twice.
It was Mumbai Indians' seventh straight win over the Giants in WPL history.
Mumbai Indians, who won the inaugural edition in 2023, will meet Delhi Capitals in the final on Saturday.
Debutant Daniell Gibson (34 off 24) and Phoebe Litchfield (31 off 20) looked in threatening touch but regular fall of wickets kept pegging the Giants back.
The highlight of Litchfield's effort was the switch hit of Matthews.
Skipper Ashleigh Gardner, who bailed her team out on multiple occasions, had an off day with the bat.
Indian batter Bharti Fulmali delayed the inevitable with an impressive 30 off 20 balls.
Having finished last in the past two seasons, reaching the knock-out stage was a welcome result for Gujarat Giants.
Earlier Sciver-Brunt, who forms the backbone of Mumbai Indians batting, disdainfully smashed pacers and spinners, collecting 10 fours and two sixes in the process.
Realising Mumbai had got only 37 in the powerplay, Matthews and Sciver-Brunt changed gears.
While the England batter took the attack to debutant pacer Danielle Gibson, Matthews hammered three consecutive boundaries off leg-spinner Priya Mishra.
Matthews, who began cautiously before cutting loose, got to her fifty with a six off a long hop from left-arm spinner Tanuja Kanwer.
In the death overs, it was raining sixes from the bat of Harmanpreet who cleared the ropes four times in her sizzling effort.
Mumbai Indians smashed 73 in the last five overs.
