At the interbank foreign exchange, the domestic unit opened at 74.46 against the dollar, then inched higher to 74.43, registering a gain of 18 paise over its previous close.
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Also read: Rupee falls 12 paise to 74.61 against US dollar in early trade
On the domestic equity market front, BSE Sensex was trading 572.74 points or 1.10 per cent higher at 52,771.25, while the broader NSE Nifty advanced 161.45 points or 1.03 per cent to 15,793.55. Meanwhile, foreign institutional investors were net sellers in the capital market on Tuesday as they offloaded shares worth Rs 2,834.96 crore, as per exchange data. Global oil benchmark Brent crude futures declined 0.42 per cent to USD 71.93 per barrel.
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