💢Asia-Pac stocks are mostly lower amid headwinds
from the US following Fed Chair Powell's hawkish
testimony where he put a 50bps hike in March in
play and flagged higher terminal rate projections;
ASX 200 (-1.0%), Nikkei 225 (Flat), KOSPI (-1.3%)


💢STOCKS TO WATCH: NBCC, VARDHMAN SPECIAL,
L&T, ASHOKA BUILDON, ZYDUS LIFE, ADANI ENT,
WELSPUN CORP, KPI GREEN, AUANTA PHARMA,
ALLCARGO LOGISTICS, NETTLINK, IGL, LUMAX
AUTO, ZEE ENT, SUN PHARMA

💥NBCC (India): Co Awarded With Work Orders Worth
5.41b Rupees

💥Vardhman Special Steels: Co Says Started Mass
Production Of Steel For Forging Companies Of Aichi
Steel Corporation (Toyota)

💥L&T: Ministry OfDefence Signs Contracts With Co
For Acquisition Of Three Cadet Training Ships Worth
More Than 31b Rupees


💥Zydus Lifesciences: Zydus Receives Final Approval
From The USFDA For Lenalidomide Capsules, 2.5 Mg
And 20 Mg

💥Adani Ent: Adani Group Is Prepaying Debt Worth Rs
7374 Crore


💥KPI Green Energy: Co. Signed Long Term Hybrid
Power Purchase Agreement For 1.845 MWAC
Capacity

💥Ajanta Pharma: Board Meeting On March 10 To
Consider Approving Proposal For Buyback Of Equity
Shares

💥Allcargo Logistics: Co Approves Plan To Buy 38.87%
From Partners At Enterprise Value Of Rs 370 Cr

💥Indraprastha Gas: Co Signed Joint Venture
Agreement With Genesis Gas Solutions Plant
Planned To Be Operational By April 2024; Joint
Venture Capex Of 1.1b Rupees

💥Lumax Auto Technologies: Co Approved Investment
Of Up To 2.25b Rupees In Securities Of Unit Lumax
Integrated Ventures

💥Zee Entertainment: All Disputes And Claims Have
Been Settled Between The Company And IPRS

💥Sun Pharma: Co Completes Acquisition Of Concert
Pharmaceuticals Acquisition Adds Deuruxolitinib,
A Potential Best-In-Class Oral Jak Inhibitor For
The Treatment Of Alopecia Areata, To Co's Global
Dermatology Portfolio

Be careful,

FED Powel shows very strongest & longest Hawkishness

💢Asia-Pac stocks are mostly positive although gains
are capped following the choppy performance in the
US where Fed Chair Powell reaffirmed his hawkish
view but clarified that the Fed has not yet made a
decision; ASX 200 (Flat), Nikkei 225 (+1.0%), KOSPI
(+0.3%)

💢Stocks Ban In F&O: BalrampurChini

💢STOCKS TO WATCH: SAGAR CEMENTS, SEQUENT
SCIENTIFIC, APTUS VALUE, SHOPPERS STOP,
BHARAT FORGE, SBI, ADANI ENT, ADANI POWER,
ADANI WILMAR

💥Sagar Cements: Co Says Consequent To
Re-Constitution Of Board Of ACL, ACL Has Now
Become A Subsidiary Company

💥Sequent Scientific: Co Will Not Acquire Tineta
Share Purchase Agreement Entered By Co With
Tineta Stands Terminated

💥Aptus Value Housing Finance: Co Says In Its
Clarification On Report Of Chola Invest Buying
Controlling Stake Says Co Is Not Part Of Any
Negotiations Mentioned In The Report

💥Shoppers Stop: Shiseido To Expand Its Brand
Footprint In India Through Strategic Distribution
Partnership With Co Agreement With Co Unit
Global Ss Beauty Brands

💥Bharat Forge: Co Says Inaugurated E-Bike
Manufacturing Facility Through Unit Kalyani
Powertrain || Facility Has Production Capacity Of
60,000 Units Per Annum

💥State Bank Of India: Sbi Raises 37.17b Rupees
Through Additional Tier 1 Bond Issuance
05:36 AM Equity

💥Adani Enterprises: Adani Group Repays $500m
Bridge Loan To Regain Investor Faith — Mint

💥Adani Enterprises: Co Placed Under Short-Term
Additional Surveillance Measures Framework Stage -
1 From March 9 - NSE

💥Adani Power: Co Placed Under Short-Term Additional
Surveillance Measures From March 9 - NSE

💥Adani Wilmar: Co Placed Under Short-Term
Additional Surveillance Measures From March 9 —
NSE

👆 Exact trade setup worked as predicted

💢 Asia-Pac stocks are lower following the banking
sell-off in the US amid contagion fears related to
Silicon Valley Bank, while more funds have advised
companies to pull out of SVB; ASX 200 (-1.5%),
Nikkei 225 (-0.8%), KOSPI (-0.9%)

💢 Stocks Ban In F&O: Balrampurchini, GNFC

💢 STOCKS TO WATCH: NBCC, IRB INFRA, DREDGING
CORP, GLENMARK PHARMA, ZYDUS LIFE, WELSPUN
CORP, SWAN ENERGY, VARDHAMAN TEXT, HUDCO,
INFOSYS, KDDL, DISHTV, APCOTEX IND, WIPRO, BOB