Stock markets slump more than 3% as Britain leaves EU

Mumbai, June 24 (ANI): National Stock Exchange index fell more than three percent as British referendum voted to leave the European Union on Friday. NSE could post biggest single-day percentage loss since August 24, 2015 after falling as much as 3.76 percent. An expert, Sunil Shah, said the fall was expected. Listed companies with exposure to Britain suffered the heaviest losses with Tata Motors tanking more than 10 percent. All shares in the index were in the red. India was fifth worst performer in Asia-Pacific on Friday in dollar terms after Japan, Hong Kong, South Korea and Australia.