India suffer shock exit from hockey World Cup, lose to New Zealand in sudden death
Bhubaneswar, Jan 22: Hosts India made a shock exit from the FIH Men's World Cup after losing to New Zealand in sudden death in their must-win crossover match in front of a relentlessly cheering 15000 home crowd here on Sunday.
The loss ended India's hopes of a World Cup medal after 48 years.
Despite vociferous support from the jampacked Kalinga Stadium crowd, India allowed New Zealand to come back from two-goal deficit in the regulation time as the match ended at 3-3 in the regulation time.
In the penalty shootout, the scores were also tied after the first five set of strikes, and the match was finally decided via sudden death.
Captain Harmanpreet Singh had the golden chance to take India to victory in sudden death but he failed to do that as he missed the target.
Veteran goalkeeper PR Sreejesh made two saves in the shootout to rescue India after they were 2-3 down. He saved another one during the sudden death and got himself injured and Krishan Pathak replaced him in the next three rounds of strikes.
Finally, Shamsher Singh missed and Sam Lane scored to hand New Zealand the win.
New Zealand will now face defending champions Belgium, who topped Pool B, in the quarterfinals here on Tuesday.
In the regulation time, India earned as many as 11 penalty corners and converted two of them while New Zealand got just two PCs.
Yet again, it was a case of ample goal-scoring opportunities for India but the forwarrds lacked finishing skills.
India were on the offensive as soon as the match began with Mandeep Singh, who started despite taking a hit on his knee during training on Saturday, making a fine run into the New Zealand circle.
But India doubled the lead soon with Sukhjeet Singh scoring in the 24th minute, following India's fourth penalty corner.
Harmanpreet's drag-flick was palmed away by the New Zealand goalkeeper but it went up high and Sukhjeet was at the right place at the right time to volley it in.
New Zealand pulled one back a minute before half time as Sam Lane deflected a Child's low cross from the left into the Indian goal.
India were 2-1 up at the half time.
New Zealand pressed for an equaliser in the third quarter and they got into the Indian 'D' on a few occasions but the home side swelled its lead by two goal margin through a penalty corner conversion in the 41st minute.
India earned three penalty corner in the third quarters, and scored from the third PC and seventh overall with Varun Kumar sounding the board cleanly.
Three minutes later, New Zealand again cut the deficit to just one goal with Kane Russell converting a penalty corner.
In the last quarter, New Zealand made a spirited fightback and restored parity in the 50th minute following their second penalty corner of the match as Sean Findlay deflected in a Hayden Phillips strike.
Goalkeeper Krishan Pathak saved India from disaster as he palmed away a high shot from Sam Hiha in the 51st minute.
In the earlier crossover match of the day, Spain beat Malaysia 4-3 in penalty shootout to qualify for the quarterfinals after the two sides were locked 2-2 in the regulation time.
Spain will face title contenders and Pool A toppers Australia in the last eight stage on Tuesday.
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Sensex climbs 304 pts, Nifty closes above 24,600 as steady US inflation fuels global rally
Mumbai, Aug 13 (PTI): Stock markets rebounded on Wednesday with benchmark Sensex closing higher by 304 points on buying in metal, auto and pharma shares as steady US inflation data propelled a sharp rally in global markets.
The 30-share BSE Sensex climbed 304.32 points or 0.38 per cent to settle at 80,539.91. During the day, it jumped 448.15 points or 0.55 per cent to 80,683.74.
The 50-share NSE Nifty edged up by 131.95 points or 0.54 per cent to 24,619.35.
Analysts said retail inflation slowing to an 8-year low of 1.55 per cent in July led to the positive trend in domestic equities.
"Indian equities experienced a broad-based optimism as CPI hit an eight-year low, boosting hopes for a revival in discretionary spending, led by autos and metals. Globally, sentiment improved on the extension of China’s tariff deadline and easing oil prices.
"Despite uncertainties around Trump’s trade stance and global risks, India’s growth-inflation dynamics remain favourable for FY26 with risk to marginal downgrade based on tariff updates. India looks forward to the Trump-Putin meet dated 15th August," Vinod Nair, Head of Research, Geojit Investments Limited, said.
Among Sensex firms, Bharat Electronics, Eternal, Mahindra & Mahindra, Kotak Mahindra Bank, Tata Motors and Power Grid were the gainers.
However, Adani Ports, ITC, UltraTech Cement and Titan were among the laggards.
Retail inflation slowed to an 8-year low of 1.55 per cent in July, falling below the Reserve Bank's comfort zone for the first time since January 2019, helped by subdued prices of food items, according to government data released on Tuesday.
"Indian equities advanced on Wednesday, buoyed by easing domestic retail inflation, positive global cues, and renewed hopes of a US Federal Reserve rate cut, Gaurav Garg, Analyst, Lemonn Markets Desk, said.
The BSE smallcap gauge climbed 0.58 per cent and midcap index went up by 0.56 per cent.
Among BSE sectoral indices, healthcare jumped 1.76 per cent, metal (1.22 per cent), auto (1.18 per cent), consumer discretionary (0.96 per cent), industrials (0.70 per cent) and financial services (0.45 per cent).
Oil & Gas and FMCG were the laggards.
Shares of Apollo Hospitals Enterprise Ltd spurted by nearly 8 per cent, emerging as lead gainer among Nifty50 shares after the healthcare services provider reported a 42 per cent jump in profit after tax to Rs 433 crore in the June quarter.
Paytm shares closed higher by 3 per cent as Paytm Payments Services received the Reserve Bank of India's nod to operate as an online payment aggregator.
As many as 2,230 stocks advanced while 1,861 declined and 155 remained unchanged on the BSE.
Among Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled sharply higher. European markets were trading in the green.
The US markets ended significantly higher on Tuesday.
Global oil benchmark Brent crude dipped 0.36 per cent to USD 65.88 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,398.80 crore on Tuesday, according to exchange data. Sensex dropped 368.49 points or 0.46 per cent to settle at 80,235.59 while Nifty went lower by 97.65 points or 0.40 per cent to 24,487.40 on Tuesday.
