Prefer Hindalco Industries, JSW Steel: Gaurang Shah

Gaurang Shah of Geojit Financial Services told CNBC-TV18, "If you want to get into metals, it is a little bit difficult space to be into, you should stick with names which are known over a longer period of time. So, we do have a positive view on something like Hindalco Industries or JSW Steel. We are positive on these two names and we have advised a buy from a long term point of view."

Hindalco Industries ended at Rs 200.70, up Rs 5.50, or 2.82 percent on the BSE.