On Thursday, Asian stocks rose with the Nikkei hitting a new 34-year high and the dollar taking a break at its three-month peak. Data showed Japan's economy slipping into recession, casting doubt on plans for an early rate hike by the Bank of Japan. Investor expectations for an early Fed rate cut have also decreased after strong economic data caused persistent inflation.

Beyond 21,850, the Nifty could potentially move towards 22,200. Below are the recommended "Buy" calls: 📌GAIL India: Buy | LTP: Rs 176 | Stop-Loss: Rs 165 | Target: Rs 190/200 | Return: 14% 📌Punjab National Bank: Buy | LTP: Rs 123 | Stop-Loss: Rs 117 | Target: Rs 130/136 | Return: 11% 📌Axis Bank: Buy | LTP: Rs 1,097 | Stop-Loss: Rs 1,050 | Target: Rs 1,150/1,200 | Return: 9%

Aditya Birla Fashion and Retail Limited posted a net loss of Rs 107.60 crore for the third quarter, compared to last year's profit of Rs 11.21 crore. The revenue from operations increased by 16 percent, but the stock declined by 4 percent in morning trade. EBITDA showed a growth of 29 percent. Analysts have assigned a target price of Rs 176 with a downside of 27.5 percent.

Shares of Zomato rose over 4% and hit a 52-week high of Rs 159.20 on the NSE after CLSA raised its target price to Rs 227. The company's Q3 results showed it is moving towards consistent profitability, boosting investor confidence. The stock has surged 200% in the last year and multiple brokerages remain bullish, expecting significant growth in the food delivery market.

Ravi Kant Jaipuria’s RJ Corp acquired 1.07% or 2.8 million shares of Delhi-based Global Health through an open market transaction for 379 crore. According to BSE bulk deals data, RJ Corp bought shares at 379 apiece. The shares were sold by Dunearn Investments Mauritius, which held a 16.02% stake as of December 31, 2023. Jaipuria is the promoter of Devyani International.

NMDC's stock has surged 7% and hit a 52-week high due to strong earnings in Q3. Revenue rose 45%, net profit grew by 62.6%, and EBITDA saw a 76% increase. The company's production and volume also reached record levels. Analysts see potential for further growth with NMDC's capex plans and increasing demand for steel in India. The stock has been added to MSCI's Global Standard index.

Shares of Narayana Hrudayalaya fell 4% in early trade on February 15 even after the hospital chain reported a 22 percent year on year increase in December profit. At 10 am, the stock was trading at Rs 1345.60 on the National Stock Exchange. Narayana Hrudayalaya reported a 6.7 percent year-on-year increase in Q3FY24 revenue at Rs 1,203.6 crore.

Wall Street ended higher due to a rally in ride-hailing companies Lyft and Uber, with Nvidia becoming the 3rd most valuable company on the US market. The S&P 500 and Nasdaq both saw gains, helped by positive results from Meta Platforms and Tesla. Super Micro Computer also experienced a jump in its stock price. On Tuesday, Wall Street had seen a dip after data showed consumer prices remaining high.

On February 15, Paytm's shares dropped by 4% after bourses lowered the circuit limit for the stock from 10% to 5%. This was due to a significant decrease in the stock's value following regulatory action taken by the Reserve Bank of India against Paytm Payments Bank. The fall also followed reports of the Enforcement Directorate filing a case against the company for alleged violations.

The US Chamber of Commerce's US-India Business Council has formed an AI Task Force to align the leadership in AI between the two nations. The task force aims to drive the multistakeholder process, foster AI technology development, and promote its commercialization. This initiative builds upon the Chamber's AI principles and will leverage AI's potential for economic competitiveness.

Glenmark Pharma shares rebounded by 6% in opening trade on February 15 after a 4% slump the previous day due to a net loss of Rs 330.8 cr in the December quarter. The loss was influenced by lower sales, forex loss, and other exceptional items. The company also implemented changes in its distribution model in India, leading to a drop in revenue. Excluding one-time effects, the revenue grew by 9%.

Over 100 homebuyers of Godrej Summit project in Gurugram have opted for the buyback offer due to construction quality flaws. The company plans to complete the repairs and buyback of apartments by end of 2024, spending Rs 155 cr and expecting to fully recover the cost by reselling the apartments. Homeowners are still unhappy with the slow pace of repair work.

The iconic Charging Bull in Manhattan represents the stock market, and there are comparisons being made between the current market and the tech bubble of the 90s. But according to Societe Generale, the S&P 500 would need to rise by another 25% to reach the same levels of "irrational exuberance" as the dot-com era.

Multiple brokerage firms have published their recommendations for various companies, including Crompton Greaves Consumer, Bharat Forge, M&M, and Gland Pharma. Morgan Stanley maintained an Equal Weight rating on CG Consumer, with a target price of Rs 281, while also maintaining an overweight rating on Bharat Forge with a target price of Rs 1346. Jefferies recommended a hold rating on M&M.

Alpex Solar had a successful IPO with overwhelming response, leading to a 186% premium on its debut on NSE SME platform. Its PV modules are made using both monocrystalline and polycrystalline cell technologies. The company's solar energy products include bifacial, mono perc, half-cut modules as well as integrated solutions like EPC of DC/AC solar pumps.