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MC:Rupee down on choppy local shares, euro fall
 
MUMBAI (Reuters) - The rupee was weak in afternoon trades on Thursday as sentiment was dented by volatility in domestic equities and a retreat in the euro.
* At 2:59 p.m., the partially convertible rupee was at 49.11/12 per dollar, weaker from Wednesday's close of 48.95/96.
* The unit moved in the 48.9000-49.1450 band so far in the day and traders said it could fall to 49.20 in rest of the session.
* The BSE Sensex was down 0.3 percent. The euro was $1.3744, lower from $1.3768 at end of the rupee trade on Wednesday.
* The index of the dollar against six major currencies was at 77.166 points, higher than 77.017 points previously.
* The euro slipped against the dollar on Thursday after the European Central Bank warned about the impact on the currency and banks of private sector involvement in the region's debt crisis.
(Reporting by Aditya Phatak; Editing by Rajesh Pandathil)
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