Pakistan and India are favourites to win next month's World Twenty20 tournament, as both have shown good form in the rapid-fire version of the game, said Pakistan's stand-in captain Misbah-ul-Haq.

"Both Pakistan and India have been doing very well in Twenty20 cricket, so I think both have a very good chance of winning the World Twenty20," Haq said after Pakistan's seven-wicket win over Australia here Thursday.