Aviation, pharma, metal stocks on radar today

Stocks likely to be in focus in today's trade: Clamping down on unfair business practices in the aviation sector, Competition Commission on Tuesday slapped penalties totalling Rs 258 crore on Jet Airways, IndiGo and SpiceJet for cartelisation in fixing fuel surchargefor transporting cargo.However, the fair trade regulator did not impose any penalty on national airline Air India and private carrier Go Airlines, which were also named in a complaint filed by Express Industry Council of India.The Competition Commission of India (CCI) has penalised three carriers -- Jet Airways, InterGlobe Aviation Ltd and SpiceJet -- for "concerted action in fixing and revising Fuel Surcharge (FSC) for transporting cargo", according to anofficial release.While a penalty of Rs 151.69 crore has been imposed on Jet Airways, the fines slapped on InterGlobe and SpiceJet are Rs 63.74 crore and Rs 42.48 crore, respectively.InterGlobe Aviation operates no-frills carrier IndiGo. These carriers have also been directed to cease and desist from indulging in anti-competitive practices.There were no immediate comments from any of the airlines on the CCI order. The regulator found that the three airlines colluded in fixing FSC rates.Citi View on Sun Pharma resuming coverage with a Buy; Target of Rs 1,020/share. Company well placed to make a quantum leap into being a specialty pharma company. Multiple moving parts make the near-term hazy. Risks like compliance, pricing are more priced in than potential upsides.Copper prices plunge to fresh 6-year low; Below USD 4,600/t on Tuesday. Shanghai Copper prices sink almost 4 percent; Weakest in 6 years. Expect impact on Vedanta, Hindalco today.Infosys ADR dalls by 4.7 percent. Stock was down 1.7 percent yesterday. Stock slipped below 200-DMA of 1,075 yesterday. Stock is down by 10 percent in last 45 weeks. Management warned that Q3 will be weak in the concall. Margins in H2FY16 will be lower compared to H1FY16.Concerns over new H1-B visa bill also weigh. Dishman Pharma management says company has not received any US FDA warning and also not received any communication with regard to Clovis issue. Company not privy to any information about customers. Godfrey Phillips Delivery volumes at 1.4 lakh shares versus 10-day average of 40,000.  Shree Renuka Delivery volumes at 1.3 crore shares versus 10-day average of 18.7 lakh. Highest delivery in last 2 years. Delivery percent at 23 percent. EID Parry Delivery volumes at 10.9 lakh shares versus 10-day average of 1.4 lakh. Delivery percent at 41 percent. Strides Acrolab Delivery volumes at 5.1 lakh shares versus 10-day average of 85,000. Delivery percent at 47 percent. EMCO Delivery volumes at 4.4 lakh shares versus 10-day average of 37,000. Delivery percent at 34 percent.