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The Indian Equity Market has opended sharply lower. The
Sensex is down 940.07 points or 3.5 p.c at 26062.15, and therefore the dandy
down 287.70 points or 3.5 p.c at 7982.75. concerning fifty seven shares have
advanced, 1065 shares declined, and eighteen shares area unit unchanged. Tata
Motors is down ten p.c. Tata Steel is down eight p.c, ICICI Bank, Maruti and
Adani Ports area unit major losers.
BBC has projected 'leave' win in UK vote.
FTSE futures crashed 7.5 p.c to five813. "The UK's EU vote is proving shut
however the stay campaign seems to be failing to choose up enough support
outside London to win."
The Indian rupee declined within the gap trade on
weekday before UK vote results. Devesh Divya, Asia FX deviser at customary
hired Bank same, "Brexit can see a huge risk-off event for international
markets, dollar/rupee can move sharply higher, which can see Central Bank's
intervention however if its Bremain, we tend to may even see pullback on
dollar/rupee."
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