New Delhi, Oct 13: Fast bowling all-rounder Shardul Thakur on Wednesday replaced Axar Patel in India's squad for the T20 World Cup to be held in the UAE and Oman from October 17.
The 29-year-old Thakur has impressed with his 18 wickets in the ongoing IPL for Chennai Super Kings. With this, India completed the announcement of its final squad for the marquee tournament. Teams are allowed time till October 15 to finalise changes.
"The All-India Senior Selection Committee after a discussion with the team management has added Shardul Thakur to the main squad. All-rounder Axar Patel, who was part of the 15-member squad will now be on the list of stand-by players," BCCI secretary Jay Shah said in a statement.
With pace all-rounder Hardik Pandya not bowling during the IPL because of fitness issues, the selectors wanted a cover for him. The Mumbai Indians star's workload management is a major concern for the team management.
"The selectors felt that they were one pacer short and also with Hardik Pandya not bowling, they needed an all-rounder in the main squad," a source close to the selection committee told PTI.
"Axar remains in stand by and if Ravindra Jadeja gets injured, he will again be back in main team. Till Jaddu (Jadeja) plays, Axar won't be required."
As reported by PTI, the selectors also included Harshal Patel among the net bowlers for the Indian team.
"The following cricketers will join the team bubble in Dubai and assist Team India in their preparations: Avesh Khan, Umran Malik, Harshal Patel, Lukman Meriwala, Venkatesh Iyer, Karn Sharma, Shahbaz Ahmed and K. Gowtham," the statement said.
Among the stand-by players, Railways leg-spinner Karn Sharma, who is part of the CSK right now, was a surprise inclusion.
Considered a close confidante of Mahendra Singh Dhoni, who has been roped in as mentor of the national side for the World Cup, Sharma is retained year after year by CSK without playing too many matches as it is believed that he has been the franchise's "Lucky Mascot"
Leg-spinner Yuzvendra Chahal could not find a place despite an impressive IPL with Royal Challengers Bangalore. He claimed 18 wickets in 15 matches.
India will open their campaign on October 24 against Pakistan.
India's squad for ICC T20 World Cup: Virat Kohli (captain), Rohit Sharma (vice-captain), KL Rahul, Suryakumar Yadav, Rishabh Pant (wicket-keeper), Ishan Kishan, Hardik Pandya, Ravindra Jadeja, Rahul Chahar, Ravichandran Ashwin, Shardul Thakur, Varun Chakravarthy, Jasprit Bumrah, Bhuvneshwar Kumar, Mohammad Shami.
Stand-by players: Shreyas Iyer, Deepak Chahar, Axar Patel.
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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.