The dollar's strength overseas weighed, but a higher opening in domestic equities cushioned the impact.
The rupee had gained 28 paise to close at a fresh 16-month high of 65.41 yesterday after the US Fed stuck to its stance of a gradual approach on future rate hikes.
The Sensex rallied 238.77 points, or 0.80 per cent, to 29,824.62 in early part of the session.
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