Market opener
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Stocks across Asia took fright on Friday and opened sharply lower as early voting patterns suggested Britons may have voted to exit the
Crude Oil Futures fell 6 percent and Gold Futures jumped 6 percent as traders sought the traditional safety of the yellow metal.
Early polls suggest that more than 51 percent Britons may have voted to exit their membership from the European Union. This triggered sell orders across all riskier assets.
The Nifty plunged 237 points at 8,032 in the first half hour of trade. 50 stocks fell on the index and Sun Pharma was the lone gainer thanks to plans to buy back shares.
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The Nifty 100, 200 and 500 indices dropped more than 2.5 percent each.
The Sensex plunged 751 points at 26,251 points on the Bombay Stock Exchange with Tata Motors, Sun Pharma and State Bank being the top traded shares on the index. Sun Pharma was the only gainer.
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