The BSE Sensex and Nifty fell on Friday, heading towards their fifth fall in six sessions and a second consecutive weekly fall.
Indian markets were tracking European shares which extended their sell-off as energy stocks slumped on declining oil prices.
Brent crude continued its march downwards on Friday, dropping to a 5-1/2-year low.
Tata Consultancy Services fell 2.5 percent ahead of a business update later in the day.
Investors awaited November CPI and October IIP data to be released later in the day.