Indian rupee pared early gains, however, managed to close on a higher note at 74.46 against the greenback at interbank forex market amid bullish sentiments in the domestic equities.
The local currency opened higher by 17 paise at 74.43 against the US dollar benchmark. However, the rupee performed between 74.37-74.63 throughout Tuesday's trading session.
In the previous closing, rupee stood at 74.60 per dollar at the interbank.
Meanwhile, Sensex finished at 43,952.71 up 314.73 points or 0.72% and Nifty ended at 12,874.20 higher by 93.95 points or 0.74%.
Indices tracked positive global cues as investors sentiments rose after another promising Covid-19 vaccine development. Currently, Moderna and Pfizer are two leading companies who have witnessed effective results during their Phase 3 study.
Except for Chinese and Korean stocks, Asian indexes closed on a higher note with Mumbai Sensex witnessing the most buying.
Japan's Nikkei 225 surged 0.42%, while Taiwan TSEC 50 Index gains 0.30%. A marginal rise was witnessed in Hong Kong's Hang Seng and Australia ASX All Ordinaries.
China's Shanghai SE Composite Index plunged 0.21%, while South Korea's KOSPI dived 0.15%.
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