Williamson, Mitchell power New Zealand to eight-wicket win
Chennai (PTI): Kane Williamson marked his return to international cricket with an elegant half-century while Daryl Mitchell blazed away to a 67-ball 89 as New Zealand crushed Bangladesh by eight wickets in the ICC World Cup here on Friday.
This was the Kiwis' third win in as many matches, completing the chase of 246 with plenty to spare.
Playing in his first match of the ongoing showpiece after finally recovering fully from the knee injury he had sustained during the IPL in April and the ensuing surgery, Williamson showed his class with an old-fashioned calculative ODI batting that fetched him 78 runs from 107 balls.
At the other end, Daryl Mitchell looked in a hurry as he smashed fours and sixes at will to seal the issue in his team's favour with 43 balls left.
Having found two good-looking boundaries at the start of his innings, Williamson decorated his knock with eight fours and a six, while the Mitchell hammered six fours and four sixes during his breezy, unbeaten stay in the middle.
Restricted to 245 for nine after being asked to bat first, Bangladesh bowlers had no answer to the Kiwi response but they did a few things wrong, including their skipper and biggest weapon with the ball Shakib al Hasan completing his quota of overs instead of keeping them for the end overs.
The New Zealand dressing room, however, was not happy to see an exhausted Williamson walking back retired hurt after attempting a flashy drive. This was after he had taken a blow to his left thumb.
New Zealand, by then, had done enough to ensure victory
Earlier, Mushfiqur Rahim top-scored with 66 as Bangladesh battled hard in the face of New Zealand's disciplined bowling effort to post 245 for nine.
Mushfiqur's 75-ball knock, alongside valuable contributions from Shakib (40 off 51 balls) and Mahmudullah (41 off 49), lifted Bangladesh after they were reeling at 56 for four in the 13th over.
The Tigers began on a disastrous note, losing Litton Das (0) off the very first delivery of the game to pacer Trent Boult, as his attempted flick was collected by Matt Henry in fine leg.
Tanzid Hasan (16 ) and Mehidy Hasan Miraz (30) tried to put up some resistance before the former fell prey to pacer Lockie Ferguson, offering a catch to Devon Conway in square leg.
Notably, Tanzid was dropped when he was yet to open his account by Tom Latham in the opening over itself. It was a tough chance, nonetheless.
When the score read 56, Bangladesh lost Miraz to Ferguson, followed by Najmul Hossain Shanto (7) to spinner Glenn Phillips.
Losing two wickets in a space of three balls was a body blow for Bangladesh, only for Shakib and Mushfiqur to take control for some time with a 96-run partnership for the fifth wicket.
However, Shakib appeared to be struggling in the hot and humid conditions here, taking a medical break before eventually being dismissed by Ferguson in the 30th over.
The pitch appeared to be assisting the pacers, and Ferguson looked to capitalise with his 'bowl short and quick' strategy.
Also, the strip utilised was different from the one that helped the spinners during the India-Australia contest on Sunday.
Meanwhile, Mushfiqur brought up his 48th ODI half-century and was cleverly attacking the loose deliveries, while spinners Mitchell Santner and Rachin Ravindra bowled tight lines.
In the 36th over, pacer Matt Henry gave the Kiwis relief as he bowled Mushfiqur with a beautiful slower off-cutter that stayed low and uprooted the off-stump, leaving Bangladesh at 175 for six.
After losing the seventh wicket in Towhid Hridoy for 13, Mahmudullah and Taskin Ahmed (17) added 34 runs for the eighth wicket before the latter gave a catch to Daryl Mitchell off Santner.
While Mustafizur Rahman was the ninth man out in the 48th over, the final pair managed to bat out the remaining deliveries.
Ferguson took 3 for 49, while Boult grabbed 2 for 45, including his 200th ODI wicket. Meanwhile, Santner was the most economical of them all, finishing with figures of 1/31 in 10 overs.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Rupee sees high volatility against US dollar in early trade
Mumbai (PTI): The rupee witnessed high volatility in early trade on Wednesday, as support from easing crude oil prices was offset by uncertainty over the India-US trade deal and persistent foreign fund outflows.
Forex traders said the key driver of rupee weakness in December was continued FPI selling across both equity and debt markets, with foreign investors repeatedly selling several billion dollars’ worth of Indian assets on a daily basis in the last few months, the selling intensifying in the last two months.
ALSO READ: Rupee falls 9 paise to record low of 90.87 against US dollar in early trade
However, with Brent crude oil prices hovering near recent multi-year lows of USD 59 per barrel, the local unit was supported at lower levels.
At the interbank foreign exchange market, the rupee opened at 91.05 against the US dollar, down 12 paise from its previous close.
The domestic unit, however, witnessed a sharp recovery and appreciated 97 paise to touch an early high of 89.96 against the American currency and was trading at 90.18 against the US dollar at 09.46 hrs.
On Tuesday, the rupee tanked below 91 per dollar, hitting a low of 91.14. It finally settled at 90.93 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.17 per cent higher at 98.31.
Brent crude, the global oil benchmark, was trading at USD 59.54 per barrel in futures trade, as record non-OPEC supply, weak China data and optimism over a Ukraine ceasefire were the main reasons for the current fall, traders said.
Meanwhile, Minister of State for Finance Pankaj Chaudhary on Tuesday informed Parliament that, "During the current financial year, the depreciation of the INR has been influenced by the increase in trade deficit and likely prospects arising from the ongoing developments in India's trade agreement with the US, amid relatively weak support from the capital account."
"The depreciation of currency is likely to enhance export competitiveness, which in turn impacts the economy positively. On the other hand, depreciation may raise the prices of imported goods. However, the overall impact of exchange rate depreciation on domestic prices depends on the extent of the pass-through of international commodity prices to the domestic market," he said.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 146.09 points higher at 84,825.95, while the Nifty was up 62.05 points at 25,922.15.
Foreign Institutional Investors sold equities worth Rs 2,381.92 crore on Tuesday, according to exchange data.
According to Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, the rupee may see a slow and steady move towards 92 in the coming days, with no signs of any trade deal happening between India and the US, which has also been a cause for the equities to fall.
