The Indian rupee is likely to stay cautiously lower in opening trades tracking broadly lower Asian peers amid uncertainties due to trade tensions and a slowdown in global growth. However, U.S. stocks rose overnight as Commerce Secretary Howard Lutnick said the Trump administration had reached its first trade deal. Yesterday, INR consolidated in a narrow range and settled for the day 2 paise lower at 85.25 against the US dollar. The dollar index staying well supported above 99 mark by renewed optimism over US-China trade relations is also adding pressure on the local unit. However, decline in crude oil prices could limit downside for the domestic unit. The benchmark 30-share BSE Sensex ended Tuesday 0.09 percent higher at 80,288.36, giving up some early gains. The broader NSE Nifty index ended flat with a positive bias at 24,335.95 while the BSE mid-cap and small-cap indexes ended up 0.2 percent and 0.1 percent, respectively.