Fundamental Analysis: Rupee : The Indian rupee should rise early on Wednesday on the back of the dollar's drop versus major units, but the local sharemarket would be watched for fund flow cues. Foreigners have bought a net $14.5 billion of shares so far in 2009, after selling more than a net $13 billion last year. These inflo ws have helped the rupee recover from its record low o f 52.2 hit in early March.bullish