Indian rupee opens higher as dlr falls overseas

MUMBAI, Nov 25 - The Indian rupee rose on Wednesday morning, supported by a weaker dollar overseas and traders said they would await the opening of local shares for cues on capital flows.

* At 9:01 a.m., the partially convertible rupee <INR=IN> was at 48.28/29 per dollar, stronger than Tuesday's close of 46.37/38.

* The dollar fell to its lowest in seven weeks versus the yen on Wednesday [USD/]. The dollar index <.DXY> against six major currencies was down about 0.1 percent.

* India's benchmark BSE share index <.BSESN> shed 0.3 percent on Tuesday, but is up more than three-quarters this year on foreign portfolio buying of about $15.3 billion [.BO]. The inflow has helped the rupee recover from a record low of 52.2 per dollar in early March. ((anurag.joshi@thomsonreuters.com; Tel: +91 22 6636 9038; Reuters Messaging: anurag.joshi.thomsonreuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))