Sensex ends 63 points lower; Nifty settles at 10477

Stock markets

IT index gained over 1% after remaining subdued for the last one month, with KPIT and Tata Elxsi gaining 4% and 3%, respectively, in the evening trade.

It has been an upbeat year for the markets. The Nifty too rallied 2,344.90 points, or 28.65 per cent, in 2017.

Softbank reaches deal to get big discount on Uber shares
SoftBank will occupy two seats on the company's board and will now be an extremely influential player in decisions at Uber. Uber investors and employees tendered shares worth about 20 percent of the company, sources told The Wall Street Journal .

"Ever since Gujarat elections, expectations are rising that the upcoming Budget would be rural focused and that is supporting the market sentiment in the near term". The broader indices outperformed the benchmark indices and ended in the positive territory. The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70 after trading between 10,538.70 and 10,488.65. The Sensex gained 28 percent or 7,430 points this year.

Tata Motrs, Bharti Infratel, Axis Bank, Tata Consultancy Services, Hero MotoCorp, HCL Technologies and Adani Ports emerged as the top gainers in the NIfty50 index, each gaining over 2 per cent.

Daughter of Eric Garner Declared Brain Dead
Eric Garner was killed on July 17, 2014, after he was confronted by police for allegedly trying to sell "loosie" cigarettes. In 2015, the Garner family settled a civil wrongful death suit with the city for $5.9m .

Mumbai: The BSE Sensex opened higher on Friday against the previous session's closing.

Reliance Communications (RCom) today rose as much as 23%, after Mukesh Ambani's Reliance Jio announced yesterday that it will acquire RCom's wireless infrastructure assets, including towers and spectrum, at an estimated price of Rs 20,000-24,000 crore.The stock, however, 17.48% up on the NSE. Japan's Nikkei 225 has edged up 58 points, Hong Kong's Hang Seng has gained 54 points and China's Shanghai Composite has added 5 points.

The FCC says this wireless charging system won't kill you
The Energous Corporation's Watt Up device has been rigorously tested by U.S. authorities who have given it a tick of approval. Bnp Paribas Arbitrage Sa owns 1,929 shares for 0% of their portfolio. 48,828 are held by Tiaa Cref Invest Limited Liability.

Today, the start of the last trading session of the calendar year, is likely to be mildly in the red. European markets were down in early trade with Paris CAC 40 falling 0.11 per cent, while Frankfurt's DAX shed 0.29 per cent. London's FTSE rose 0.27 per cent.

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