The rupee was weak in early trade on Monday, after a six-day rally as weakness in most Asian peers and dollar demand from domestic oil refiners weighed on sentiment. Reuters

The rupee was stronger in early morning trades on Tuesday on the back of positive local shares, higher regional peers and a firm euro.

* At 9:30 a.m., the partially convertible rupee was at 49.2150/2250 per dollar, 0.5 percent stronger than Monday's close of 49.445/455.

* Traders expect the rupee to move in a 49.00-49.40 band intraday.

* The euro held gains on Tuesday, following a sudden turnaround in investor mood from extreme skepticism to tentative optimism that Europe was really putting a plan together to deal with its debt and banking crisis.

* The euro was at $1.3528, compared with $1.3523 when the rupee closed on Monday, while the index of the dollar against six major currencies was at 77.997 points against 78.029.