The big news yesterday was related to the stock market. American brokerage firm Morgan Stanley believes that the Indian economy will remain stable. If the current market trend continues, the Sensex could reach the level of 1,05,000 in a year. This represents an increase of 28.5% from the current level.
At the same time, gold prices fell this week. According to the India Bullion and Jewelers Association (IBJA) website, last Saturday, i.e. November 29, gold was at Rs 76,740, which has now fallen to Rs 76,187 per 10 grams (December 7).
Before the big news of tomorrow, the big events of the day to watch…
The stock market will remain closed today due to the public holiday Sunday. The prices of gasoline and diesel do not change.
Now read tomorrow’s big news…
1. We will be among the best performing markets in 2025: Morgan Stanley estimates – Sensex can climb 28% in 1 year and cross 1 lakh
American brokerage firm Morgan Stanley believes that the Indian economy will remain stable. India could be one of the best-performing emerging markets in 2025 thanks to strong domestic investment. If the current market trend continues, the Sensex could reach the level of 1,05,000 in a year. This represents an increase of 28.5% from the current level.
2. Gold became cheaper this week, silver prices increased: Gold fell by Rs 553 to Rs 76,187, silver was sold at Rs 90,820 per kg.
This week, gold prices fell. According to the India Bullion and Jewelers Association (IBJA) website, last Saturday, i.e. November 29, gold was at Rs 76,740, which has now fallen to Rs 76,187 per 10 grams (December 7). This means that its price has decreased by Rs 553 this week.
3. Mahindra’s electric SUV will be sold as “BE 6”: The name of the car has changed due to a trademark dispute with the airline Indigo, previously it was called “BE 6e”.
Mahindra & Mahindra has renamed its recently launched electric SUV in the Indian market “BE 6e”. The company will now market this electric car under the name “BE 6”. The company made this decision due to the ongoing trademark dispute with InterGlobe Aviation, the company that operates the Indigo airline. Mahindra gave this information today (December 7).
4. Musk’s AI chatbot ‘Grok’ available to everyone: Previously it was available to premium X users, xAI was launched last year
Grok, billionaire Elon Musk’s AI chatbot, will no longer have to make any payments to use it. It is now available to everyone on the social media platform X. Musk’s artificial intelligence company, xAI, launched Grok last year, in 2023.
5. Paytm sells its stake in Japanese company PayPay: The two companies had entered into a partnership in 2018 and sold the cinema ticketing business in August this year.
Singapore-based One 97 Communication Singapore Pte Ltd, owned by Paytm’s parent One 97 Communication, is selling its stake in Japanese digital payments company PayPay Corp. Paytm has given information about this via an exchange repository.
However, no information has been given on the amount for which One 97 Communication Singapore Private Limited is selling its stake.
6. TikTok ban in America almost certain: Federal Court ordered to sell parent company ByteDance’s stake, app banned in India since 2020
It is almost certain that Chinese short video app TikTok will be banned in America. The court asked TikTok to sell its stake to its parent company ByteDance by January 19, failing which the app will be banned in the United States.
A US federal court on Friday rejected the app’s “free speech” appeal. During the hearing, a three-judge panel rejected ByteDance’s claims and said no U.S. law in any way prevents “free speech.”
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