Today’s top morning headlines - 5th March 2024

Good afternoon

NIFTY 50 remained choppy in the first half of the day after testing all time highs yesterday.

Top gainer: TATAMOTORS: 1,019 ▲ 32 (+3.3%)
Top loser: BAJAJ FINANCE: 6,427 ▼ 175 (-2.6%)

:star: Tata Power Solar Systems and Union Bank renews partnership to boost rooftop solar adoption among residential consumers
Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for residential customers, in-line with the Government’s PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial (C&I) customers.

:star: Tata Motors hits 52-week high on demerger announcement
Shares of Tata Motors rose more than 7% intraday to a 52-week high of ₹1,065 per share after the company’s board of directors has given the approval to demerge its businesses into two separate listed entities, namely the commercial vehicles (CV) and passenger vehicles (PV) businesses. For every share held in Tata Motors, investors will get one share of each of the new listed entities, the company said in an exchange filing on Monday.