Mumbai, Feb. 1 -- The Indian rupee could likely trade cautious during the initial moments of the day as investors stay apprehensive ahead of the unveiling of Union Budget 2025-26. On Friday, rupee pared initial losses and settled for the day higher by 3 paise at 86.59 against the US dollar, as the support from positive domestic equities was negated by unabated foreign fund outflows and month-end dollar demand. Indian shares ended higher for a fourth straight session on Friday, with optimism around upcoming Union Budget and expectations for a rate cut by RBI next week helping underpin sentiment. Investors also reacted positively to the Economic Survey 2025 tabled in the Parliament today that pegged GDP growth at 6.3-6.8 percent for FY 26. Th...