The Indian rupee recovered well under Rs 85 per dollar mark in opening trades on Tuesday tracking firm cues from global markets as fears of a prolonged trade war and a potential U.S. recession seemingly faded. INR opened at Rs 84.70 per dollar and climbed to a high of 84.64 so far during the day. Benchmark indexes Sensex and Nifty jumped around 4 percent each on Monday to post their best intraday session since June 5 last year, as easing geopolitical and trade tensions helped boost investors' appetite for risk. Tensions between India and Pakistan de-escalated after both sides reached an understanding to stop all firings and military actions on land, air and sea, with immediate effect on Saturday.

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