MUMBAI, Oct 1 (Reuters) - The Indian rupee held at a near two-month high on Thursday afternoon, after exporters sold dollars on expectations of a near-term rise in the local unit and traders eyed local equities for cues on capital inflows. * At 3:20 p.m., the rupee INR=IN was at 47.72/73 per dollar, stronger than Tuesday's close of 48.10/11. The market was closed on Wednesday for fiscal half-year book closing. * It rose to as high as 47.70 in intraday trade, its highest since Aug. 10 * Indian shares seesawed after opening stronger, but shares in Bharti Airtel (BRTI.BO: Quote, Profile, Research) rallied after the mobile operator's talks on a planned tie-up with South Africa's MTN (MTNJ.J: Quote, Profile, Research) collapsed. [.BO] * In the currency futures market INRFUTURES the most traded near-month contracts were at 47.8075 on the National Stock Exchange and MCX-SX, from Friday's 48.10. (Reporting by Anurag Joshi; Editing by Ramya Venugopal)

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