Mumbai, July 4 -- The domestic equity market is likely to take its cues from global developments in the coming week, with no major domestic events on the radar to break the current trading range. The market's resilience is being driven by two strong forces: robust foreign market cues and consistent domestic liquidity.

US equity benchmarks continue to notch fresh record highs, providing a bullish setting for risk assets globally. Back home, domestic institutional investors (DIIs) continue to be net buyers, reinforcing positive sentiment.

A decline in geopolitical tensions across West Asia and a correction in Brent crude prices have eased concerns over imported inflation. Meanwhile, optimism around global trade is making a comeback, with ...