India's NSE stock futures, listed on the Singapore exchange, were up 0.78%, as of 0210 GMT, while MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.43%. [MKTS/GLOB]

The NSE Nifty 50 index rose 0.73% to end at 17,311.80 on Monday, and the S&P BSE Sensex advanced 0.85% to close at 58,410.98.

Both indexes registered their second straight session of gains.

Foreign institutional investors sold a net of 3.72 billion Indian rupees ($45.3 million) worth of equities on Monday, while domestic investors bought 15.82 billion rupees worth of shares, as per provisional data available with the National Stock Exchange.

Stocks to watch:

** Oil and Natural Gas Corp plans to take a stake in the new Russian entity that will manage the Sakhalin 1 project in the far east as it seeks to retain a 20% share in the asset, three sources familiar with the matter told Reuters.

** Motilal Oswal Financial Services Ltd to consider raising funds by issuing non-convertible debentures up to 20 billion rupees on private placement basis.

** Tata Metaliks Ltd posted September-quarter profit of 142.9 million rupees, down 73.9% from a year ago.

** Jindal Drilling and Industries Ltd reported September-quarter consolidated profit of 317.4 million rupees, up from 35.9 million rupees a year ago.

** Star Housing Finance Ltd said the company's board approved the sub-division of shares in ratio of 1:1.

** Tata Coffee Ltd reported September-quarter consolidated net profit of 1.42 billion rupees, a surge from 340.4 million rupees a year ago.

($1 = 82.1780 Indian rupees)

(Reporting by Rama Venkat in Bengaluru; Editing by Savio D'Souza)