Jaffer’s post on India and Australia’s plight in T20 WC cracks up internet

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New Delhi, Nov 6 | Former India cricketer Wasim Jaffer’s uncanny — and funny — ways to sum up situations is something his fans always look forward to on social media.

As the ICC T20 World Cup, currently underway in the UAE, approaches the business end with Australia and India’s semifinal fate hanging in a balance, Jaffer posted an image from Bollywood blockbuster ‘Dhamaal’ depicting the famous ‘noose scene’.

The image shows a noose firmly in place around Riteish Deshmukh’s neck as he stands precariously on Jaaved Jaaferi’s shoulders, while actor Ashish Chaudhary too stands unsteadily on Arshad Warsi’s shoulders.

As things stand, the situation in the movie is indicative of Australia and India’s position in the ICC T20 World Cup. Both teams have the ‘noose’ around their necks as they wait anxiously for favourable results in the games between England-South Africa on Saturday and New Zealand-Afghanistan on Sunday in order to make the last-four grade.

While Australia would be hoping England beat the Proteas and do their semifinal hopes a world of good, Virat Kohli would be praying Afghanistan overcome New Zealand and pave the way for India to enter the last-four.

All of India’s hopes are currently pinned on Afghanistan beating the Black Caps. If Afghanistan win against New Zealand, India will have to beat Namibia by a margin that keeps their net run rate (NRR) above Afghanistan. On the NRR front, it is advantage India at the moment.

While Australia have had their share of success in the tournament, the big loss to Group 1 leaders England has left them in a situation where they cannot take their last-four berth for granted even if they beat the Kieron Pollard-led Caribbean side in the Saturday afternoon match.

That clarity will come after South Africa play the last Group 1 game, against England, on Saturday evening. A loss for South Africa will give an easy passage to the Aaron Finch-led Australia into the semifinals.

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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