Indian rupee opens higher on calm Asian markets despite Trump's tariff threats, with potential trade deal with India.

The Indian rupee recovered momentum following a sharp slide in the previous session to a one and half week low. INR opened at Rs 85.75 per dollar and hit a high of 85.68 so far during the day.

The GIFT Nifty indicated a positive start for the benchmark indices today, as it crossed 25,500, climbing 35 points as of 8:52 AM.