The Indian rupee could see some recovery in opening trades driven by dollar weakness although uncertain global cues and muted equities amid trade wars could limit any major upside in the local unit. Yesterday, rupee plunged 39 paise to close at an all-time low of 87.46 against the US dollar, as global trade war concerns fuelled risk aversion among investors. Domestic equities also ended slightly lower on Wednesday after rallying sharply the previous day on easing tariff concerns and expectations of a rate cut by the RBI later this week, which will be the first RBI policy under the new Governor Sanjay Malhotra. The benchmark S&P/BSE Sensex ended the session down 312.53 points, or 0.40 percent, at 78,271.28, giving up early gains. The broader NSE Nifty index fell 42.95 points, or 0.18 percent, to 23,696.30, with falling crude oil prices in the international markets helping limit the downside.