MI beat SRH by 4 wickets in IPL
Mumbai, Apr 17 (PTI): Mumbai Indians beat Sunrisers Hyderabad by four wickets in their Indian Premier League match here on Thursday.
MI chased down the target of 163 with 11 balls to spare with Will Jacks top-scoring with 36 off 26 balls. Ryan Rickelton chipped in with 31, while Rohit Sharma and Suryakumar Yadav made 26 each.
Captain Hardik Pandya played a cameo of 21 off just nine balls as MI reached 166 for 6 in 18.1 overs.
For SRH, captain Pat Cummins (3/26) was the most successful bowler while Eshan Malinga got two.
Earlier, Sunrisers Hyderabad scored a competitive 162 for five after being invited to bat.
SRH rode on useful contributions from Abhishek Sharma (40 off 28 balls), Heinrich Klaasen (37), Travis Head (28), Nitish Kumar Reddy (19) and some lusty hitting in the fag end from Aniket Verma (18 off 8 balls) to go past 160-run mark.
Brief Scores:
SRH: 162 for 5 in 20 overs (Abhishek Sharma 40; Will Jacks 2/14).
MI: 166 for 6 in 18.1 overs (Will Jacks 36, Ryan Rickelton 31; Pat Cummins 3/26).
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Rupee rises 28 paise to 92.86 against US dollar in early trade
Mumbai (PTI): The rupee jumped 28 paise to 92.86 against the US dollar in early trade on Friday amid hopes of easing geopolitical tensions and positive sentiment in domestic equity markets.
Buying of Indian equities by foreign investors also supported the local currency even though it stayed under pressure due to a firm dollar, forex traders said.
At the interbank foreign exchange market, the rupee opened at 92.93 and gained further to trade at 92.86 against the greenback in early deals, up 28 paise from the previous closing level.
On Thursday, the rupee strengthened 19 paise to settle at 93.14 against the US dollar.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.05 per cent at 98.07.
Brent crude, the global oil benchmark, was trading 1.16 per cent down at USD 98.24 per barrel in futures trade.
Analysts said that crude oil prices fell below USD 100/barrel amid expectations that the crisis in West Asia would soon come to an end.
In a latest development on the geopolitical front, China, a close ally of Iran and the largest importer of Iranian oil, has asked Tehran to ensure freedom and safe passage through the Strait of Hormuz, a key international trade route.
Besides, Israel and Lebanon have agreed to a 10-day ceasefire, which could also boost the peace efforts towards ending the devastating war involving the US, Israel and Iran.
On the domestic equity market front, the 30-share Sensex gained 176.08 points or 0.23 per cent to 78,164.76 in early trade, while the Nifty rose 33.90 points or 0.14 per cent to 24,232.60.
Foreign Institutional Investors turned net buyers on Thursday, as they bought equities worth Rs 382.36 crore, according to exchange data.
