Rupee seen weak on broad dollar rise; data eyed

The rupee should extend its fall on Friday tracking a broadly firm dollar overseas, and traders will be watching factory output data around 11 a.m. (0530 GMT) and local shares.

* The US dollar drifted higher in early Asian trade, having made solid gains overnight as renewed jitters about the euro zone debt crisis weighed on the common currency.

* At 0242 GMT, the MSCI index of Asian shares ex-Japan was marginally higher while the Nifty India stock futures traded in Singapore were up 0.1%.

* The partially convertible rupee closed at 45.725/735 per dollar on Thursday, 0.5% weaker than Wednesday's 45.475/485.

* India's industrial output growth is likely to have slumped to 2% in December from a year earlier, predicts a Reuters poll.