India's equity benchmarks are set to open higher on Friday, after last session's steep intraday losses, on optimism that a proposed U.S.-Russia presidential meeting next week could ease Washington's stance on India's energy engagement with Russia.

NSA Doval's visit commenced on a day when US President Donald Trump signed an executive order slapping an additional 25 percent tariff on Indian imports.

President Donald Trump said he'd be willing to meet with Vladimir Putin, even if Putin hadn't yet agreed to also sit down with Ukrainian President Volodymyr Zelenskiy. Trump also said there are no plans to talk to India about tariffs.