Mishra earned the man-of the match award for his spell of 5/17 in four overs that swung the game in favour of Delhi.
Venugopal's slurry in the death overs left Hyderabad with a gettable ask of 15 runs from the last over by Mishra. The wily leg-spinner plucked the wicket of Ravi Teja with the first ball and had Ojha in the second ball before completing the second hat-trick of the event by dismissing RP to leave the Hyderabad dugout crestfallen.
Gambhir and Dhawan shared a huge 132-run stand to fire Delhi to a solid 194/4. In reply Mishra tamed the charging bulls with conventional leg-breaks and deceptive googlies. Hyderabad outfit managed to score only 182/9 despite the good start from the batters up front.
Hyderabad chasing a Himalayan 195-run target got off to a good start despite losing Gilchrist in the third over.
Afridi going on rampage from the word go. The Pakistani swashbuckler carted a 14-ball 33 comprising of three fours and two sixes both off his fellow countryman Asif.
Afridi and Gibbs shared a blistering 50-run stand in just four overs as Hyderabad raced to 70 in six overs.
However the change bowler Mishra pegged Hyderabad back when he had Afridi and Gibbs in his first spell of two overs. The leggie who plays for Haryana in Ranji Trophy struck in his first ball to remove Afridi whose mis-hit flew over point and AB coming in as substitute for Gambhir did no mistake. Mishra then castled Gibbs with a googly to reduce Hyderabad to 75/3 in ninth over.
Rohit Sharma (35 off 18) and Styris (29 off 28) kept Hyderabad in hunt with a rapidfire 39 -run stand. Rohit took no time to settle down. He hit Maharoof out of park over long-on in successive balls.
However the Lankan had the last laugh castling Rohit. The India international looked self assured and effortless till he shuffled across to do Misbah-esque only to miss a straighter one from Maharoof.
Maharoof, who had a good outing with the bat, bowled wicket to wicket and cramped Hyderabad batsmen for room in the death overs. He dismissed Styris in the eventful 18th over but conceded 18 runs including two sixes and a four all from the willow of Venu.
Venu trying to keep up with the mounting required run-rate heaved McGarth only to find sub Malik on long-on. Substitute Malik held on to two catches in out-field so too AB.
Then it was Mishra all the way in the final over plucking the three wickets for two runs.
Earlier in-form southpaws Gautam Gambhir and Shikhar Dhawan made merry of insipid Hyderabad attack to lift Daredevils to a healthy total
Gambhir continued his brilliant form in the tournament as he stroked a masterly 79 off 48 balls inclusive of seven boundaries and three sixes while Shikhar Dhawan remained unconquered on 52-ball 68 studded with eight boundaries.
Pragyan Ojha stood alone in an otherwise toothless Hyderabad bowling attack. Everybody including RP and Afridi went for plenty against the marauding Gambhir and Dhawan
Daredevils, invited to take guard first, suffered an early blow when Sehwag fell in the sixth ball off the innings but Gambhir and Dhawan had enough firepower to quell a Hyderabad chellenge.
The in-form left-handers did not disappoint, setting up a decent pace, much to the delight of the crowd.
Sehwag full blooded cut off Vijaykumar landed straight into the hands of RP Singh at squarish thirdman
Gambhir, meanwhile, took the attack to the rival camp and gave his side the required momentum. The opener in company of Shikhar Dhawan smashed RP Singh's second over for 20 runs which included two well timed sixes from Gambhir of consecutive balls.
Gambhir got a lucky repreive when on 29. The left-hander scooped a widesh delivery off Vijaykumar at covers where Rohit Sharma failed to judge a catch and eventually dropped it.
Shikhar Dhawan, too, started prospering in Gambhir's company as the two left-handers raised the Daredevils' 50 in the sixth over.
Gambhir, the Orange Cap holder for topping run-getter chart, reached his 50 off 34 balls in the 11th over.
Meanwhile, Adam Gilchrist, continued to shuffle his bowlers to get a breakthrough as the Gambhir-Dhawan duo raised a 100-run partnership in the 13th over and looked set to take Delhi past 200.
In the following over Gambhir and Dhawan clobbered Afridi for 18 runs including a towering six hit by former over mid-wicket .
Pragyan Ojha finally gave Hyderabad a much-needed breakthrough when he had Gambhir stumped off wide ball.
The next man in Maharoof meted RP with some rough treatment. The lanky Lankan hit the left-arm seamer for max over long-on
However, there was no let-off from Daredevils' as the Lankans Fervez Mahroof and Dilshan Tialkratne came up with the little cameo innings in the death overs.
The lanky Maharoof hit 19 off 11 balls including two sixes over long-on off RP while Dilshan made 6-ball 16 as Delhi collected as many as 54 runs in the last five overs to set the team down in dumps a mammoth 195-run target.