India demolish Sri Lanka by 10 wickets to win Asia Cup
Colombo (PTI): Mohammed Siraj produced a sensational spell as India thrashed Sri Lanka by 10 wickets to win the Asia Cup here on Sunday. Siraj helped India dismiss Sri Lanka for a paltry 50 with a six-wicket haul in the final.
After winning the toss, Sri Lanka found themselves in an embarrassing situation losing their first six wickets for 12 runs. Their innings ended in just 15.2 overs.
Siraj ended with dream figures of six for 21 in seven overs while Hardik Pandya chipped in with three wickets.
India raced to the 51-run target in 6.1 overs with Shubman Gill (27 not out) and Ishan Kishan (23 not out) in the middle.
Brief scores: Sri Lanka 50 all out in 15.2 overs (Kusal Mendis 17; Mohammed Siraj 6/21, Hardik Pandya 3/3). India 51 for no loss in 6.1 overs (Shubman Gill 27 not out, Ishan Kishan 23 not out).
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Rupee rises 6 paise to 90.85 against US dollar in early trade
Mumbai (PTI): The rupee rose 6 paise to 90.85 against the US dollar in early trade on Thursday on the back of a weaker greenback and FII inflows.
A positive start to the session at the domestic equity markets lent further support to the local unit while a rise in global crude oil prices, coupled with geopolitical uncertainties, capped sharp gains, according to forex traders.
At the interbank foreign exchange, the rupee opened at 90.86 against the greenback before inching up to 90.85, higher by 6 paise from its previous close.
The rupee stayed range-bound and settled with a gain of 4 paise at 90.91 against the US dollar on Wednesday.
"As the dollar index fell and Asian currencies gained today (Thursday) the rupee opened higher... A risk-on sentiment in the markets and RBI selling near 91.00 levels ensured yesterday (Wednesday) also that rupee is unable to cross 91.00 levels with FPIs being buyers of equity and sellers of dollars," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent down at 97.57.
Brent crude, the global oil benchmark, rose 0.21 per cent to USD 71.00 per barrel in futures trade.
On the domestic equity market front, the Sensex climbed 303 points to 82,579.16 in early trade, while the Nifty rose 85.1 points to 25,567.60.
On Wednesday, foreign institutional investors purchased equities worth Rs 2,991.64 crore, according to exchange data.
