In the metal space, Hindalco and Nalco can be added into the portfolio on dips for long-term returns, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. Hindalco is currently trading at Rs 188, down 1.4% and Nalco at Rs 359, down 5.4% on the BSE.

The Asian markets are still looking weak and the Indian market is also shedding some gains. The Sensex is currently trading at 19214, up 84 points while Nifty is in the negative, trading at 5594, down 3 points from the previous close. The market breadth is positive with advances at 748 against declines of 443 on the NSE.