BENGALURU, Nov 7 (Reuters) - Indian shares are expected to open higher on Monday, taking cues from other Asian equities, with a fall in oil prices aiding sentiment while investors await domestic earnings reports for cues on corporate health.

India's NSE stock futures, listed on the Singapore exchange , were 0.49% higher as of 0206 GMT. The MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.75%.

Oil prices fell more than 2% at the start of Asia trading on Monday, after Chinese officials stuck to a strict COVID containment approach, dashing hopes of a rebound in oil demand. India, the world's third-biggest importer of oil, benefits from a slide in prices as it brings down imported inflation.

The NSE Nifty 50 index rose 0.36% to 18,117.15 at close on Friday, while the S&P BSE Sensex ended 0.2% higher at 60,950.36. The benchmark indexes added nearly 2% each last week in their third straight weekly gain, mainly on the back of strong earnings reports.

Market participants this week will closely watch U.S. consumer prices data for October that will likely offer hints to the U.S. Federal Reserve's rate outlook.

In domestic earnings, state-run Coal India Ltd and digital payments firm Paytm are among the companies expected to report their quarterly results later in the day.

Foreign institutional investors bought net of 14.36 billion Indian rupees ($175.20 million) equities on Friday, while domestic investors sold 5.49 billion rupees of shares, as per provisional data available with the National Stock Exchange.

Stocks to watch:

** Reliance Industries is well-positioned to buy India unit of Germany's Metro, Reuters reported, citing two people familiar with the matter. Analysts reckon that the division could be valued at 500 million euros ($490 million) in a sale.

** State Bank of India expects credit growth to remain in double-digits while it steps up efforts to attract more deposits, where it sees growth in line with the sector. The bank reported a 74% surge in quarterly net profit on Saturday, driven by higher loan growth and improving asset quality.

** IndiGo airline operator InterGlobe Aviation Ltd on Friday said it is looking at 'wet leasing' planes to meet growing demand for air travel as supply chain disruptions lead to delays in the delivery of new aircraft.

** Amrutanjan Health Care reported a 35.7% slide in second-quarter profit on Friday, hurt by a rise in expenses and weakening sales of its wellness products as the pandemic's effects wane.

** Two-wheeler maker TVS Motor Company Ltd reported a lower-than-expected rise in second-quarter profit on Friday, hurt by higher expenses and an economic slowdown in a few of its key markets. ($1 = 81.9620 Indian rupees) (Reporting by Rama Venkat in Bengaluru;)