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Rupee Opens Higher At 70.27

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Rupee in Thursday 's trade opened higher at 70.27 after having closed at 70.335 in the previous session. The tensions around the US-China trade deal continue to be intense and amid it, Indian indices lost in the earlier session.

Rupee Opens Higher At 70.27
 

Also, the trade deficit has widened to a 5-month high as growth in exports remained weak due to global growth concerns and escalating US and China tensions.

Meanwhile, Asian shares saw relief after the US Trump hinted at deferring auto tariffs.

In the pre-opening session, both the indices started on a positive note and gained marginally.

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