Rupee ends marginally lower at 74.17 per dollar

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Indian rupee ended marginally  lower at 74.17, amid buying seen in the domestic equity market.

It opened higher by 8 paise at 74.06 per dollar against previous close of 74.14 and traded in the range of 74.02-74.30.

The Sensex rose 680.22 points or 1.60% to end at 43,277.65, and the Nifty was up 170.10 points or 1.37% at 12,631.10.

US oil prices fell in early trade on Tuesday as concerns over demand in the near term in coronavirus-hit economies in Europe and the United States returned to haunt the market after an overnight surge on progress towards a COVID-19 vaccine.