The opening match of the Big Bash League (BBL) 2026-27 will take place in Chennai, with the Melbourne Renegades taking on the Perth Scorchers at the MA Chidambaram Stadium on December 12. The announcement was made by Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese at the Melbourne Cricket Ground, forming the centrepiece of a wider initiative to build a relationship between the two countries known as 'G'day Namaste'. It will be the first time ever that a Big Bash League match will take place in another country, and BBL organisers said that they expect a huge crowd for the encounter. "We know there are incredibly passionate cricket fans all over India, but particularly in Chennai. Everyone we've spoken to has been really optimistic that we should expect a good crowd," Alistair Dobson, CA's executive general manager of Big Bash Leagues, told reporters. Wonderful to visit the Melbourne Cricket Ground with PM Albanese...
The Nifty 50 started Thursday's session on a positive note and touched an intraday high of 24,134.70 in early trade. This level marked nearly a 61.8% retracement of the previous day's decline. However, the index failed to sustain at higher levels and gave up more than 150 points from the day's high in the second half of the session. Despite this late weakness, the index ended higher by 80.75 points, or 0.34%, and snapped its two-day losing streak. However, the close below the psychological 24,000 mark kept the recovery muted. Nifty Forms Inside Candle Thursday's price action resulted in the formation of an inside candle. This came after the previous session recorded the widest single-day range in over one month. The latest candle had a small green body and a long upper shadow, which indicates hesitation at higher levels. This suggests that while buying interest emerged after the recent decline, traders were not confident enough to carry positions aggressively. ...