Rupee Closes At 74.24 Against US Dollar, Wipes Off Almost All Early Gains

The rupee on Tuesday wiped out intraday gains and ended on a flat note against the US dollar on Tuesday mirroring sharp declines in equities. Equity indices witnessed a sharp downturn in noon deals after a third case of coronavirus-linked death was confirmed in India. The domestic currency closed at 74.24 against the greenback, a marginal 3 paise stronger than the previous closing mark of 74.27.