No stopping boxing star Vijender Singh, wins 11th successive pro bout to continue unbeaten run
Newark (USA), Jul 14: Indian boxing star Vijender Singh remained an unstoppable force, clinching a Technical Knockout over the more experienced Mike Snider on his debut in the US professional circuit here.
In what was to be an eight-round super middleweight contest on Saturday night (early Sunday morning in India), the 33-year-old from Haryana prevailed in four rounds for his 11th consecutive victory in the circuit.
"It was excellent getting back in the ring after a long time off. It's great to be here in the USA and to get the win. It was really exciting. I am really happy for my winning debut in USA," Vijender said after the bout.
The triumph came in the second minute of the fourth round when Vijender cornered Snider with a flurry of straight punches, prompting the referee to stop the bout in the Indian's favour.
"It took me about four rounds to get back in the swing of things. I expected it to take two or three rounds, but it took me four. I felt good," said Vijender.
This was Vijender's eighth knockout win in all.
The 38-year-old Snider was flailing his arms without any significant force in his punches for most of the bout. Vijender, on the other hand, was sharp as ever despite fighting his first bout in more than a year.
The Indian never looked threatened by the local favourite and thwarted his feeble attacks quite easily. Snider came into the fight with an overall record of 13-5-3.
Vijender, a former WBO Asia Pacific champion, recently fought and lost in the Indian general elections from the South Delhi seat.
Vijender would be aiming to compete in two more fights this year after signing up with Hall of Famer Bob Arum's Top Rank Promotions.
"Top Rank has a bigger plan for me, and whatever they say is next, I'm fine with it," Vijender said.
Vijender's British trainer Lee Beard, who has been with the Indian ever since he turned pro in 2015, lauded his commitment.
"I am happy that after a long gap Vijender is finally back in good shape and action in the ring. His dedication helped him. We will now look forward to have bigger plans for him," he said.
Commenting on his defeat, Snider said, "Vijender is a good boxer and I believe I underestimated his experience and technique. It was his day and he won. I had never thought that I would lose in early rounds."
Vijender's India promoters IOS Boxing's Managing Director Neerav Tomar said bigger fights await the former Olympic medallist in the next few months.
And the winner is Vijender Singh.
— IOS Boxing (@IOSBoxing) July 14, 2019
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Vijender Singh remains undefeated by knocking out Michael Snider in 4th round in his US debut at Newark.
What a show @boxervijender.
You made whole India proud.
Keep up the good work.@trboxing@imneeravtomar
?#boxing #teamios #india pic.twitter.com/89SKIf2z4Q
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Rupee falls 10 paise to 90.15 against US dollar in early trade
Mumbai (PTI): The rupee depreciated 10 paise to 90.15 against the US dollar in early trade on Tuesday, as dollar demand from corporates, importers and foreign portfolio investors dented investors' sentiments.
Forex traders said investors are in a wait and watch mode and market participants are waiting for clarity from the US FED before taking decisive positions.
At the interbank foreign exchange, the rupee opened at 90.15 against the US dollar, down 10 paise from its previous close.
On Monday, the rupee settled at 90.05 against the US dollar. Market is focussed on the stance the US Federal Reserve Chief chairman Jerome Powell will deliver in the US FED meeting this week.
"Any shift in tone could quickly change the direction for global currencies," CR Forex Advisors MD Amit Pabari said.
"With the dollar turning softer—driven by rising expectations of a Fed rate cut—and the RBI actively managing liquidity and hope of a trade deal, the rupee now looks set to settle into a period of consolidation within a broad 89.20–90.30 range," Pabari added.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent lower at 99.04 Brent crude, the global oil benchmark, was trading lower by 0.19 per cent at USD 62.37 per barrel in futures trade.
"A combination of softer local equities, tepid Asia FX and pre-FED caution, higher US yields are weighing over rupee even as the dollar index holds itself near 99 levels.
"FPI equity outflows continue while uncertainty around US-India trade talks beginning on Wednesday are keeping the US dollar well bid while RBIs presence keep rupee well entrenched into a small range," said Anil Kumar Bhansali Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
India and the United States will commence three-day talks on the first phase of their proposed bilateral trade agreement here from December 10.
On the domestic equity market front, the benchmark sensitive index Sensex was trading lower by 381.91 points at 84,720.78, while the Nifty was down 139.55 points at 25,821.00.
Foreign Institutional Investors sold equities worth Rs 655.59 crore on Monday, according to exchange data.
