Reuters Market Eye - The rupee edges up at 61.52/53 versus its previous close of 61.54/55, as debt-related dollar inflows and comments from Moody's aid the unit.
Foreign funds have bought nearly $2 billion worth of Indian debt so far in January.
Traders said comments from a Moody's analyst saying India was unlikely to be downgraded also helped the rupee.
Traders expect the pair to hold in a 61.42 to 61.65 range during the rest of the session.
BSE Sensex trading down 0.4 percent and will be watched for cues on foreign fund flows.
(Reporters by Swati Bhat)
