BENGALURU, Sept 27 (Reuters) - Indian shares are tipped to open slightly higher on Tuesday, after having fallen over 4% in the past four sessions, even as global markets remained jittery on economic growth concerns.
India's NSE stock futures listed on the Singapore exchange were up 0.3% as of 0145 GMT, while MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was down 0.2%.
The Nifty's volatility index (.NIFVIX), which indicates traders' expectations about market instability over the next 30 days, hit its highest since mid-June on Monday.
Foreign institutional investors sold net 51.01 billion Indian rupees ($625.1 million) worth Indian equities on Monday as per provisional data available with the National Stock Exchange.
Stocks to watch:
** Amara Raja Batteries (AMAR.NS) on Monday announced backward integration of its business.
** Jubilant Foodworks (JUBI.NS) acquired 29.42% stake in Roadcast Tech Solutions.
** Mahindra Logistics (MALO.NS) will sell its enterprise mobility business to its unit for 361.2 million rupees and buy Rivigo's B2b Express business for 2.25 billion rupees.
** UCO Bank (UCBK.NS) plans rupee trade with Russia, Bloomberg News reported on Monday.
** Punit Commercials (PUNC.BO) will consider issue of bonus shares.
** Likhitha Infrastructure (LIKI.NS) approved sub-division of shares in ratio 1:2.
** Archies (ARGG.NS) reported minor fire in corporate office at Naraina industrial area.
** India's Dev Information Technology bagged order worth 49.7 million rupees.
** Raghuvir Synthetics (RAGU.BO) said production has commenced from Sept. 26 at its factory.
** Shree Ajit Pulp And Paper (SAPP.BO) will consider issue of shares on rights basis.
($1 = 81.6100 Indian rupees)
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