Global equity and currency markets crashed on Friday as Britain voted for leaving the European Union.
The benchmark 30-share Sensex lost more than 800 points in the early morning session falling below the 27,000 mark As many as 29 of the 30 Sensex stocks were trading in the red.
The market sentiment could be gauged from the fact that more than 1,500 stocks were trading in the red as against only 131 gainers on the BSE.
At 9:45 am, the Sensex was trading at 26,198.50, down a whopping 804 points or 2.98 per cent. The broader Nifty was down 253 points or 3.06 per cent at 8,017.
Among the leading Asian indices, Hong Kong's Hang Seng was down 974 points or 4.67 per cent; Japan's Nikkei lost 1,291 points or 7.95 per cent. The benchmark indices of China, South Korea and Taiwan were down in the range of 1-4 per cent each.
Back in India, Tata Motors was the biggest loser among the Sensex pack shedding nearly 10 per cent. Tata Motors has a direct presence in UK by virtue of its ownership of Jaguar Land Rover. Tata Steel was also down 6.46 per cent.