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MC:Rupee seen up on euro; shares watched
 
MUMBAI (Reuters) - The rupee should rise on Monday to pull back further from the 30-month low hit on Friday, boosted by gains in the euro and Asian equities after European leaders inched closer to a strategy to tackle the region's debt crisis.
* Traders said movement in local equities in the backdrop of the slight improvement in global sentiment could also impact rupee.
* At 0250 GMT, the MSCI index of Asian stocks ex-Japan was up 2.63 percent and the Nifty India stock futures traded in Singapore were 1.04 percent higher, suggesting a positive start to local shares.
* The euro was at $1.3866, higher than $1.3808 at end of rupee trade on Friday, while the index of the dollar against six major currencies was at 76.351 points from 76.700 previously.
* Traders said the rupee was likely to open at 49.85 per dollar and move in a band of 49.80-50.00 during the day. It had ended 0.5 percent weaker at 50.02/03 on Friday when it had dipped to 50.32 -- its lowest since April 28, 2009.
(Reporting by Aditya Phatak; Editing by Aradhana Aravindan)
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