Dron Capital

Auto stocks were leaders of the day with the BSE Auto Index gaining more than 2 percent. Tata Motors and Mahindra and Mahindra topped the buying list as well as ended at record closing high of Rs 518.75 and Rs 1374.55, up 3 percent and 3.7 percent, respectively.

Earnings to grow 20% compounded; bearish PSUs: Dron Capital

Gandotra feels the market is reasonably priced at around 15 times estimated FY15 earnings and around 12 times FY16 earnings. He sees the market delivering around 15-20 percent returns over the next 12 months.

Mkt to stay volatile; see large downside surprise: Experts

Pathik Gandotra, Dron Capital, feels market is expected to remain volatile all through October and through elections as well; while Sushil Kedia, CIMB, believes that in the medium term, there will be a slide across equities and most other assets globally and in India.

Don't see rupee at 60/$; no rate cut in June: Dron Cap

Gandotra does not expect Fed to start tapering soon because it would damage their bond yields and economic recovery. Therefore, the emerging market currencies could also see a pullback. Moreover, he does not see the rupee depreciating to the level of 60/USD.

Midcaps set for huge rally in May: Dron Capital

The midcaps index, which has underperformed the benchmark Sensex by 11-12 percent in the calendar year through April, is set for a big rally in this month powered by earnings momentum and attractive valuations, says Pathik Gandotra, partner, Dron Capital.

RBI can change mkt mood; buy Titan, Jubilant: Dron Capital

The Reserve Bank of India is in a position to change the mood in market despite the Cyprus knock catching investors unawares, says Pathik Gandotra, Partner, Dron Capital Advisors.