World stocks lose $2 Trillion As Britain exists EU

Global stock markets including that of Europe, America and Asia lost around $2 trillion in value on Friday after Britain voted to leave the European Union. Pound dropped as much as 11% against the dollar after the vote, hitting 31-year lows, as investors hit the panic button. Stocks on Wall Street were down by around 3 percent. While in India, nearly Rs 1.8 lakh crore were lost as Dalal Street felt the effect of Brexit with Sensex plunging down by over 600 points. This was the worst performance in over four months at the stock market. Stocks like Tata Motors, Tata Steel, L&T and ICICI Bank crashed by up to 7.99%.