As the market winds down for the week, Indian investors will track Wall Street cues, with the S&P 500, Nasdaq Composite and Dow Jones Industrial Average gaining as lower oil prices supported sentiment amid concerns over weaker oil demand. US initial jobless claims increased last week, although layoffs remained at historically low levels. Investors will also watch the release of US Advance Retail Sales month-on-month data on Friday.In India, Larsen & Toubro Ltd, Coal India Ltd, 20 Microns Ltd and ReNew Private are among the companies that have submitted bids to manufacture rare earth permanent magnets under the government’s ₹7,280 crore incentive programme. Indian investors will also track July Wholesale Price Index (WPI) inflation data, due on Friday, along with a busy Q1 earnings schedule. Ashok Leyland Ltd, Bharat Dynamics Ltd, Voltas, 3M India, Cochin Shipyard and Patanjali Foods are among the companies set to announce their results.
