Archive for the ‘Cricket’ Category

Not a very sporting day today

February 5, 2011

Former Pakistan captain Salman Butt was banned for 10 years, and fast bowling pair Mohammad Asif for seven years and Mohammad Aamer for five years on Saturday after being found guilty of corruption. The head of the International Cricket Council tribunal Michael Beloff announced the verdict after a lengthy nine-hour hearing in the Qatari capital.

 

Text messages of sumo wrestlers provided by police indicate that one purpose of the suspected match-fixing in the ancient sport was to keep struggling wrestlers in the juryo division. The juryo division is the second of the top two divisions for established sekitori wrestlers, who receive generous monthly pay and are allowed to wear ornate kesho-mawashi sashes at ceremonies and specially formed top notches that set them apart from junior wrestlers.

The text messages showed a rampant and intricate trading of favors, such as diving, among juryo wrestlers desperate to remain in this elite group. Favors could be returned, and traded, from tournament to tournament.

 

Arman Jaffer – a successor to Tendulkar?

December 23, 2010

From the Mumbai Mirror:

Arman Jaffer: image Mumbai Mirror

Arman Jaffer etched his name in the record books by scoring an incredible 498 runs against IES Raje Shivaji in the Giles Shield. The youngster, who plays for Rizvi Springfield, helped his team reach 800 for eight in the process but yesterday was all about him as he became the holder of the highest individual score in Mumbai schools cricket. The ease with which the 13-year-old batted revealed an instinct that cannot be coached. Perhaps the fact that he is former India opener Wasim Jaffer’s nephew has started to show. The Rizvi batsman broke his teammate Sarfaraz Khan’s record of 439 runs which was recorded in last year’s Harris Shield.

 

Sachin Tendulkar started his phenomenal Test career at the age of 16, so Arman has another 3 years to emulate his hero and get into the Indian Test team.

China enters the cricket arena, beat Malaysia by 55 runs

November 14, 2010
Pictograms of Olympic sports - Cricket. This i...

Cricket debut at Asian Games :Image via Wikipedia

I am looking forward to the first time China plays a Test Match at Lords!

Now China has entered the cricket arena.

After Chinese spectators sat through a short video explaining the basics of the game, cricket made its Asian Games debut on Saturday. The crowd swiftly caught on and cheered every run on a slightly parched pitch as China’s women beat Malaysia on a sunny afternoon. “They were the best. In terms of their fielding they were very well drilled,” said Roger Golding, an English spectator in the crowd. “They didn’t miss a trick.”

China has underscored the state’s vast commitment to sports as a symbol of national pride by hiring top coaches and pumping money into less popular sports — and getting very good at them. “It was very strange at first but we’re slowly getting the hang of it,” said 19-year-old Chinese fan Li Zibo of cricket, hugely popular in Commonwealth nations but little-known in China. “It’s very fresh and we’ve never seen it before,” added Deng Xiaozhu, another young spectator who said he had been given a free ticket for the match.

A rapid-fire North American-style commentator was employed to liven up proceedings for the Chinese fans but stands were half-empty even though organisers had said that tickets for all weekend cricket had sold out.

Times of India:

Cricket was last seen at a major multi-sport event at the 1998 Commonwealth Games in Kuala Lumpur, but was dropped for the next three editions in England, Australia and India. Its Asian Games debut has already been marred by India’s refusal to field men’s or women’s teams due to international and domestic commitments.
India, whose huge cricket-mad television audiences make them an attractive proposition for any organiser, are currently hosting New Zealand for a Test and one-day series.
Asia’s other big three – Pakistan, Sri Lanka and Bangladesh – sent second-string teams for the Twenty20 tournament in Guangzhou, robbing the event of its star appeal.
The International Cricket Council, the sport’s ruling body, has identified China as one of the major new markets along with the United States for the development of the sport.

Indian stock market and cricket performance

October 13, 2010

 

The Little Master: image rediff.com

 

Today Indian won the 2nd cricket test against Australia in Bangalore by a handsome 7 wickets. Sachin Tendulkar scored a second innings fifty after his double- century in the first innings which was his 49th Test century.

The Bombay Stock Exchange (Sensex) surged 484 points to 20,688 today.

This was immediately taken as corroboration of the street wisdom that the two are closely tied. The Indian Express is euphoric. Sensex wins on day of India’s triumph.

A superb ending for the stock markets happened in tandem with Team India’s victory against Australia in Bangalore. Coincidence? The 484-point surge in BSE benchmark Sensex today coincided with the triumph of Indian cricket team against Australia –thus corroborating claims of a correlation between trends in stock markets and cricket field.

A recent paper by Monash University economists did find a link between Cricket performance and the BSE Sensex.

Mishra, Vinod & Smyth, Russell, 2010. “An examination of the impact of India’s performance in one-day cricket internationals on the Indian stock market,” Pacific-Basin Finance Journal, Elsevier, vol. 18(3), pages 319-334, June 2010.

This study examines the impact of the Indian cricket team’s performance in one day international cricket matches on returns on the Indian stock market. The main conclusion of the study is that there exists an asymmetric relationship between the performance of the Indian cricket team and stock returns on the Indian stock market. While a win by the Indian cricket team has no statistically significant upward impact on stock market returns, a loss generates a significant downward movement in the stock market. When Sachin Tendulker, India’s most popular cricketer, plays the size of the downward movement in returns is larger.

So in fact the stock market surge today is not quite in line with the paper’s conclusions.

But, for once, a masterly performance by Tendulkar the “Master Blaster” has coincided with an India win!!

So the correlation is permitted some poetic licence.