The market may extend recent losses on mostly lower Asian stocks.

Bank of Baroda unveils Q4 results today, 4 May 2012.

Key benchmark indices fell for the second straight trading session on Thursday, 3 May 2012. Marco-economic worries arising from the country's high fiscal and trade deficit weighed on sentiment. The BSE Sensex shed 150.72 points or 0.87% to settle at 17,151.19, its lowest closing level since 27 April 2012.

Foreign institutional investors (FIIs) bought shares worth Rs 73.73 crore on Thursday, 3 May 2012 as per provisional data from the stock exchanges. FIIs bought shares worth Rs 796.90 crore in four trading sessions from 28 April 2012 to 3 May 2012.

Most Asian shares fell for a second successive day on Friday as another batch of lacklustre U.S. data stoked concerns that the recovery in the world's biggest economy is faltering. Key benchmark indices in China, Hong Kong, Singapore and South Korea fell by between 0.31% to 0.76%. Key benchmark indices in Indonesia and Taiwan rose by between 0.17% to 0.34%. Japanese markets were closed for a holiday.

US stocks fell on Thursday after a survey showed tepid growth in the U.S. services sector. That survey, combined with data from the previous day showing a slowdown in private sector hiring, raised concerns that the economic recovery is stalling. Investors' attention is now on the April non-farm payrolls labour market report due later today.