Image
Brexit anxiety prevails over Asian markets, remain bearish
#Brexit
# Asian Markets
# Sensex
# Stocks
#Capital
#Stock markets
#Nikkei Stock
#Nifty 50
#British Pound
#Indian Rupee
#Stocks Bearish
London/Mumbai, June 24 (IBNS): True to the prediction of a financial market shock that the Brexit will cause, stock markets across the globe remained bearish after Britons voted for the leave EU motion.
On Friday morning the BSE Sensex in India was down 1,039.11 points or 3.85 per cent at 25,963.11.
National Stock Exchange’s NIFTY 50 was also trading down.
National Stock Exchange’s NIFTY 50 was also trading down.
India's Finance Minister Arun Jaitley, however, said India is well prepared to deal with the short and medium term consequence of Brexit.
The British Pound crashed and was trading below the US Dollar 1.35 mark. The Indian Rupee too took a hit, crashing by 96 paisa.
The serious plunge have left some experts calling it a 'Black Friday'.
The Japanese Nikkei Stock Average crashed nearly three percent and the same was seen in Australian stocks too despite strong openings earlier in the day.
The British Pound crashed and was trading below the US Dollar 1.35 mark. The Indian Rupee too took a hit, crashing by 96 paisa.
The serious plunge have left some experts calling it a 'Black Friday'.
The Japanese Nikkei Stock Average crashed nearly three percent and the same was seen in Australian stocks too despite strong openings earlier in the day.
Despite a close battle, Britain has voted to leave the European Union in a historic referendum on Thursday as results were declared on Friday, thus severing a tie of decades and dealing a blow to the European unity.
While Prime Minister David Cameron, who campaigned hard urging voters to remain with EU, will make a statement soon, the financial markets across the world nosedived as the results reflected a 51.8 percent votes in favour of Leave and 48.2 percent to Remain in a referendum that is now famously called Brexit.
Top Headlines
-
News
US man charged with murder in fatal shooting of two Israeli embassy staff in Washington
May 22, 2025
-
News
Operation Trashi: Encounter breaks out in Jammu and Kashmir's Kishtwar, terrorists trapped
May 22, 2025
-
News
Panic grips passengers as Srinagar-bound IndiGo flight faces hailstorm turbulence, lands safely but with broken nose
May 22, 2025
-
News
India expels another Pak High Commission official, asks him to leave country within 24 hours
May 22, 2025
-
News
India rejects Pakistan's allegations on New Delhi's involvement in Balochistan school bus blast
May 21, 2025
-
News
Trump reveals plan to create USD 175 billion 'Golden Dome' system
May 21, 2025
-
News
Russia must end war it started: Zelenskyy writes on X after speaking with Trump, European leaders
May 19, 2025
-
News
'Russia, Ukraine will immediately start negotiations for ceasefire': Donald Trump after call with Putin
May 19, 2025
-
News
Pakistani nationals protest outside Indian Embassy in Portugal, diplomats give strong message
May 19, 2025
-
News
YouTuber Jyoti Malhotra, arrested for 'espionage', travelled to Pakistan ahead of Pahalgam attack
May 19, 2025
