Indian rupee at fresh 19 mth high on shrs

Dollar weakness versus majors boosts rupee sentiment , Early gains in local shares raise hopes for capital inflows

* Rupee could strengthen to 44.80 on Tues/Wed- Corp Bank (Updates to early trade)MUMBAI, March 30 (Reuters) - The Indian rupee extended gains on Tuesday to fresh near 19-month highs as an early rise in the local share market cheered sentiment while dollar's losses against major currencies kept up the bullishness.

At 10:20 a.m. (0450 GMT), the partially convertible rupee was at 44.93/94 per dollar, after touching 44.88, its strongest since Sept. 10, 2008 and above its previous close of 44.9575/9675 on Monday.

"The stock market is at multi-month highs, there are good capital inflows, and even the euro and other majors seem to be holding firm versus the dollar, which are helping the rupee," said Sudarshana Bhat, head of forex at state-run Corporation Bank.