<h1>Rupee gains slightly on softer dollar and trade deal hopes; capped by foreign outflows and rising crude before policy decision</h1> The rupee rebounded slightly from a record low, aided by a softer dollar and prospects of a bilateral trade deal, while gains were constrained by foreign institutional outflows and rising crude prices. Market participants are awaiting an upcoming central bank monetary policy decision, with officials noting that currency direction will hinge on foreign fund flows, global risk sentiment and resolution of trade tariff uncertainties. A government trade delegation recently concluded talks with US counterparts. Equity indices fell and FIIs recorded significant net sales, factors that may shape regulatory and monetary responses to stabilize the currency and financial markets.