Indian Shares BSE are falling continuously for three weeks

Manufacturing output accounts for 80 percent of the Index of Industrial Production, or IIP

On Friday, it was found out that .

There was a downfall in shares from the month of April. The reason behind this downfall could be slower industrial output growth and weak world equities. This downfall can lead to the demand of loans.

CEO of Motilal Oswal's asset management business, Nitin Rakesh says, "The market came off as the industrial output data came in below expectations. Also, globally things are uncertain, which adds to the woes."

The 30-share BSE index fell 0.63 percent or 116.36 points to 18,268.54 points have affected the losses for the week by 0.6 percent. Twenty four of its components were declined.

In April, the industrial output growth of India has started decreasing resulting in slowing down the economy of the country which has compelled the Central Bank to tighten its monetary policies.

Dealers have claimed that the five-day daily average volume on the NSE have stood up to 460 million and lowering its 90-day average daily volume of 615 million shares.

It has also been revealed that State Bank of India have slipped by 0.9 percent while the private lender ICICI Bank have shed for about 1.2 percent and HDFC Bank has barely changed.