Forex traders said firm American currency, rising crude oil prices and broad weakness in the domestic equity market also weighed on investor sentiment.
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Also read: Rupee gains 6 paise to 74.25 against US dollar in early trade
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.03 per cent at 92.52 ahead of the minutes from the Fed's June meeting. On the domestic equity market front, BSE Sensex was trading 14.54 points or 0.03 per cent higher at 52,875.72, while the broader NSE Nifty advanced 0.60 points to 15,817.65. Foreign institutional investors were net sellers in the capital market on Tuesday as they offloaded shares worth Rs 543.30 crore, as per exchange data.
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