The market may extend 2.45% gains clocked in last two trading sessions as most Asian stocks rose.

The country's largest two-wheeler maker Hero MotoCorp reported 2.41% increase in its sales at 5,28,290 units in March 2012 over March 2011.

State-run Bhel will announce its provisional results for the year ended March 2012 today, 3 April 2012.

PSU OMCs will be in focus on reports oil marketing companies have hiked auto LPG prices by Rs 6 per litre, the third increase this year. Liquefied Petroleum Gas (LPG) is used as fuel in automobiles.

Key benchmark indices edged higher to reach their highest closing level in over 1-1/2 weeks on the first trading session of Q1 June 2012 and the year ending March 2013 (FY 2013) on Monday, 2 April 2012. The BSE Sensex advanced 73.95 points or 0.42% to settle at 17,478.15, its highest closing level since 21 March 2012.