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Sensex closes 2 percent lower after Britain votes to exit EU

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Reuters

(Reuters) - Indian shares fell more than 2 percent on Friday, their biggest single-day percentage fall since Feb. 11, after Britain voted to leave the European Union, sending global markets sharply lower.

The broader Nifty <.NSEI> fell 2.2 percent to close at 8,088.60 after earlier plunging as much as 4.15 percent.

The benchmark BSE Sensex <.BSESN> lost 2.2 percent to end at 26,397.71, after earlier losing as much as 4 percent.

For the week, the Nifty fell 1 percent, while the Sensex lost 0.9 percent.

Tata Motors fell the most on both the indexes, tumbling as much as 13.67 percent, while Tata Steel dropped as much as 11.27 percent.

 

(Reporting by Arnab Paul in Bengaluru; Editing by Biju Dwarakanath)

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First Published: Jun 24 2016 | 4:21 PM IST

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