Brexit: Sensex tanks 604 pts, Nifty tad below 8100; Tata Motors down 8%

The Sensex recouped 500 points loss in last couple of hours of trade, especially after recovery in Europe but still ended sharply lower after the UK voted to leave European Union.

The index fell 604.51 points or 2.24 percent to 26397.71 and the Nifty slipped 181.85 points or 2.20 percent to 8088.60. 

About 1823 shares declined against 709 advancing shares on BSE. 

Tata Motors cracked 8 percent and Tata Steel fell 6 percent as both companies have huge exposure to Europe. 

European markets were down 5-8 percent.

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Posted in: Indian Market Tips