The Indian rupee was largely steady in afternoon trade on Tuesday as gains in the local share market were offset by a stronger dollar overseas.
* At 3:30 p.m., the partially convertible rupee was at 48.71/72 per dollar, mostly steady at earlier levels, but weaker than its Monday's close of 48.57/58.
* Indian shares .BSESN provisionally closed 0.5 percent higer after seesawing through the day on speculation the government would announce a stimulus plan to boost growth in its interim budget on Feb. 16. See [.BO].
* However, the dollar's strength overseas weighed on the rupee. The dollar index <=USD>, a guage of the U.S. unit's performance against other majors, was up 0.4 percent. (Reporting by Swati Bhat; editing by Sunil Nair)