Sterling crashed more than 9% and pound collapsed to a 31-year low
The sterling plummeted after vote counts suggested the 'leave' camp had the upper hand
The move has dealt the largest setback to European efforts to forge greater unity since World War Two
The rupee fell sharply against the dollar, nearing its lifetime low on Brexit fears
Sinha said that it was too early to assess trade impact of the the EU referendum
UKIP leader Nigel Farage said he hopes Brexit leads to a Europe "of sovereign nation states" that trade and co-operate together
The city is closely monitoring the statistics on consultation about the implications it may have on the British economy
Pound was trading at $1.3466
The 'Leave' camp in favour of Britain's exit from the European Union (EU) inched ahead for the first time in the referendum count
Currencies and stocks were the most volatile, with the yen surging to its highest against the dollar in two-and-a-half years
The FTSE futures is now pricing in a fall of around 6% when the index opens
Britons voting to leave the EU outnumbered "Remain" partisans, even as counting in 188 of 382 areas is yet to be undertaken
Several opposition Labour Party areas have backed Brexit, including Merthyr Tydfil, Newport, Caerphilly, Blaenau Gwent and Swansea
Early results from the referendum showed margins were nail-bitingly tight
Counting is underway today across the UK after millions of Britons cast their votes to decide whether the country will stay in or leave EU
EU vote counts indicated Britons could be on course to leave the European Union
Economic Affairs Secretary Shaktikanta Das said India was closely tracking developments in the UK
The most critical element of Article 50 is that, once invoked, it sets a two-year deadline for a negotiated departure
With 27 of the 32 council areas in Scotland having declared early Friday, 'Remain' was on 62% and 'Leave' 38% north of the border
Traders were particularly spooked by returns from Sunderland showing a large majority for the 'Leave' camp