India’s squad for Tests against New Zealand announced

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Mumbai, Nov 12 | Top-order batter Rohit Sharma, wicket-keeper Rishabh Pant and the pace-bowling duo of Mohammed Shami and Jasprit Bumrah are not in the squad for the two-Test series against New Zealand, beginning in Kanpur on November 25.

The All-India Senior Selection Committee of the Board of Control for Cricket in India (BCCI), while announcing the squad for the two Tests, did not give any reason for their exclusion, although it is widely speculated that they have been rested due to the gruelling schedule over the last six months.

India will also be without Virat Kohli for the opening Test but he will return for the second Test in Mumbai, scheduled from December 3-7. Ajinkya Rahane will captain India in the Kanpur Test, with Cheteshwar Pujara named his deputy.

“Virat Kohli will join the squad for the second Test and will lead the team,” said a BCCI statement on Friday.

India’s Test squad: Ajinkya Rahane (captain), KL Rahul, Mayank Agarwal, Cheteshwar Pujara (vice-captain), Shubman Gill, Shreyas Iyer, Wriddhiman Saha (wicket-keeper), KS Bharat (wicket-keeper), Ravindra Jadeja, R. Ashwin, Axar Patel, Jayant Yadav, Ishant Sharma, Umesh Yadav, Md. Siraj and Prasidh Krishna.

Source: IANS

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Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

On the back of Global Clues and SGX, Nifty opened on a gap down note & continued downside momentum throughout the day and closed the session at 15809.40 level with a loss of 430.90. However, Bank nifty closed the session at 33315.65 level with a loss of 848.05 points.

India VIX closed at 24.56 up by 10.13% which is a sign of more volatility in upcoming sessions.47 stocks out of NIFTY 50 closed in RED which suggest broad based selling. All the sectoral indices were ended in the red with metal, IT indices down 4-5 percent.

Despite one way fall, Stocks like ITC, DRREDDY, POWERGRID were the top gainers, While WIPRO, HCLTECH, INFY, TCS & TECHM were prime losers. On a daily chart, Nifty has formed a Bearish candle which indicates downside momentum for an upcoming session. Moreover, Nifty is showing support from horizontal line i.e., 15750 levels which is make or break level. In addition, Nifty has been sustained above the 21-Monthly Moving Average which indicates a bounce back from lower levels can be seen.

However, the momentum indicators MACD & Stochastic were trading with a negative crossover & trading in oversold zone which is a sign of sideways to negative trend in Nifty. The Nifty may find Strong support around 15700 levels, breaching below it can show more downside till 15500 levels while on the upside 16000 may act as an immediate hurdle. On the other hand, Bank nifty has support at 32800 levels while resistance at 34500 levels.

Palak Kothari
Research Associate
Choice Broking

Source: Choice India

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