Logistics stock, already up 127% from IPO price, can see further upside, Kotak says

Brokerage firm Kotak Institutional Equities initiated coverage on logistics services provider Shadowfax Technologies Ltd., on Wednesday, September 23, after the stock has been one of the most successful listings of this year. Kotak Institutional Equities initiated coverage on Shadowfax Technologies with a “ADD” rating and a price target of ₹310, which implies an upside potential…

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Markets are rapidly coming around to the reality that the Fed has a lot more work to do

History shows that isolated tweaks are rare. The financial markets may be coming to the realization that the Federal Reserve is on the precipice of a full-blown hiking cycle and not merely an adjustment or tweak to its monetary policy. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship events Interaction with…

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