Nepal Humiliate China, Take Just 11 Balls To Chase Down Target
The ICC World Twenty20 Asia Region Qualifier B has seen some bizarre scorecards and the latest entrant to that list is the match between Nepal and China at Kuala Lumpur. Another low-scoring encounter saw the humiliation of the Chinese cricket team after they were packed off for just 26 runs in 13 overs. To make matters worse for China, Nepal took just 11 balls to chase down the target without losing any wickets. This was China's fifth consecutive defeat in ICC's latest regional qualifier for the next World T20 in 2020.
The massive win gave Nepal their fifth straight victory, putting them joint-top of the points table.
In one of the most one-sided matches, Nepal won the toss and elected to bowl. The decision paid off almost immediately as China lost their first wicket on the last ball of the second over.
Opener Hong Jian Yan scored 11 -- the only Chinese batsman to reach double figures in the match -- as China reached 21 for one in 6 overs.
But all hell broke loose after the powerplay. China lost their next five wickets without scoring even a single run and that meant from 21/1 they found themselves staring down the barrel at 21 for six in 9 overs.
Middle-order batsman Dengzhi Ma scored 5 as China moved to 26 but that would be the last run scored by the team as they lost their final three wickets without adding to the total.
The dismal performance saw seven Chinese batsmen make ducks.
Delhi Daredevils spinner Sandeep Lamichhane ended the match with figures of three wickets for four runs in his full quota of overs. The 18-year-old sits atop the wicket-taking charts in the tournaments with 20 scalps to his name in five matches at an average of 2.05.
In reply, Binod Bhandari and Pradeep Singh Airee made sure their team didn't suffer any setbacks. Bhandari smacked three fours and a six to score 24 off just 8 balls as Nepal reached the target in just 1.5 overs.
Courtesy: ndtv.com
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Markets rebound sharply on ceasefire between India, Pakistan: Sensex, Nifty surge over 3 pc
New Delhi, May 12 (PTI): Dalal Street investors became richer by Rs 16.15 lakh crore on Monday as markets skyrocketing nearly 4 per cent, after India and Pakistan announced reaching an understanding to stop all firings and military actions on land, air and sea.
Also, a trade agreement between the US and China added to the markets' optimism.
After starting the trade on an optimistic note, the 30-share BSE benchmark gauge Sensex further jumped 2,975.43 points or 3.74 per cent to settle at 82,429.90. During the day, it rallied 3,041.5 points or 3.82 per cent to a high of 82,495.97.
The market capitalisation of BSE-listed firms jumped by Rs 16,15,275.19 crore to Rs 4,32,56,125.65 crore (USD 5.05 trillion) in a single day.
"Confluence of positive geopolitical and economic developments — the ceasefire between India and Pakistan, coupled with a breakthrough trade agreement between the US and China — sparked the strongest daily market rally in recent times," Vinod Nair, Head of Research at Geojit Investments Limited, said.
From the Sensex firms, Infosys jumped 7.91 per cent. HCL Tech, Tata Steel, Eternal, Tech Mahindra, Tata Consultancy Services, Axis Bank, ICICI Bank, Bajaj Finance, NTPC and Reliance Industries were the other major gainers.
Sun Pharma and IndusInd Bank were the only laggards from the blue-chip pack.
"Markets staged a sharp rebound on Monday, buoyed by easing geopolitical tensions after the India-Pakistan ceasefire. Benchmark indices posted their strongest single-day performance in over four years," Vikram Kasat, Head - Advisory at PL Capital, said.
The BSE smallcap gauge surged 4.18 per cent and midcap index jumped 3.85 per cent.
"Markets opened the week on a strong footing, rallying nearly 4 per cent, driven by supportive global and domestic cues. The key trigger was the announcement of a ceasefire between India and Pakistan over the weekend, signalling easing geopolitical tensions. Adding to the positive sentiment were encouraging updates on the US-China trade deal, which further boosted investor confidence as the session progressed," Ajit Mishra – SVP, Research at Religare Broking Ltd, said.
All sectoral indices ended higher. IT zoomed 6.75 per cent, BSE Focused IT (6.74 per cent), realty (5.87 per cent), metal (5.24 per cent), teck (5.21 per cent), utilities (5.07 per cent), power (4.82 per cent) and industrials (4.24 per cent).
"Indian equities made spectacular gains on Monday, with the Nifty soaring by a record 917 points to close at 24,925 - a seven-month high. The de-escalation in India-Pakistan tensions over the weekend has significantly helped calm investors' nerves and improve sentiments.
"On the global front, the US announced a headway in the trade negotiations with China, as both countries agreed to drastically roll back tariffs on each other's goods for an initial 90-day period," Siddhartha Khemka, Head - Research, Wealth Management at Motilal Oswal Financial Services Ltd, said.
As many as 3,545 stocks advanced while 576 declined and 133 remained unchanged on the BSE.
