With the corporate earnings season gone, the focus on Dalal Street will be on global cues this week with the minutes of the Fed's last policy meeting due on Wednesday. Back home, an official reading on wholesale inflation — or the rate of increase in wholesale prices — will be on investors' radar for gauging the health of the economy.

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"A close eye will be kept on the Fed's projections and discussions of inflation and recession. The market will also attempt to interpret the timeline for future rate hikes," said Apurva Sheth, Head of Market Perspectives at Samco Securities.

The week that was

Last week, the Sensex and the Nifty50 climbed up almost two percent each, their fourth back-to-back weekly gains and largest winning streak in a year.

Gains led by metal shares pushed the headline indices higher in the holiday-truncated trading week.

A total of 30 stocks in the Nifty50 basket clocked weekly gains.

UPL, Coal India, ICICI Bank, Axis Bank, Tata Steel, HDFC and Bajaj Finserv — rising between 3.8 percent and 7.8 percent for the week — were the top gainers.

On the other hand, Divi's, Tata Consumer, Britannia, Maruti Suzuki, Adani Ports, Apollo Hospitals and Cipla — declining between 1.7 percent and 4.2 percent — were the worst hit blue-chip stocks.

Broader markets also reflected the gains in the headline indices.

Here are the key factors and events that are likely to influence Dalal Street in the week beginning Aug 16:

DOMESTIC CUES

Macroeconomic data

Official data on wholesale inflation in the country is due on Tuesday.

FII activity

The flow of institutional investors' money will remain in focus on Dalal Street.

GLOBAL CUES