On Wednesday, the Indian rupee fell by 01 paise to close at 88.58 per dollar, while in the morning it was 88.57.
At close, the Sensex was up 513.45 points or 0.61 percent at 85,186.47, and the Nifty was up 142.60 points or 0.55 percent at 26,052.65. About 1756 shares advanced, 2248 shares declined, and 152 shares unchanged.