8:54 am Betfair says implied probability of leave vote in EU referendum at 94 percent. FTSE Futures fell 7.4 percent to 5820. 8:52 am 265 out of 382 areas vote 51.63 percent to leave and 48.37 percent to stay in European Union. FTSE Futures plunged 7.45 percent to 5817. 8:50 am SGX Nifty crashed 200 points, indicating massive fall in opening. 8:47 am 260 out of 382 areas vote 51.46 percent to leave and 48.54 percent to stay in EU. FTSE Futures crashed 7.57 percent to 5810. 8:45 am Commodity check: Brent crude futures fell 4 percent & Nymex lost 5 percent. 8:43 am Currency Update: Pound in free fall, down 9 percent against dollar now. Hits lowest level since September 1985. 8:42 am Experts view: Once Nifty falls below 7950, it would create a buying opportunity, says technical analyst Ashwani Gujral. However, Brexit will cast a medium term shadow on the market, he says. Market will bottom out at some point, so one should buy between 7950 all the way to 7700. 8:40 am Arvind Sanger says :Equity markets are going to be a very tough place to be in over the next few months if Brexit happens, Arvind Sanger tells CNBC-TV18. He advises waiting for the market reaction to play our instead of jumping in to buy in today’s weakness. Companies like Tata Motors with huge UK exposure will not be impacted immediately, says Sanger. But sentiment for the stock will be dampened for sure. Tata Motors will go down with the rest of the market, he says, adding Brexit will cast an overhang on the stock for a while. He advises investors to wait on the side for clarity to emerge rather than rushing to buy the stock in today’s weakness 8:35 am: 236 out of 382 areas vote 51.2 percent to leave & 48.8 percent to stay in EU 8:30 am Rupee: In an interview to CNBC-TV18 Devesh Divya, Asia FX Strategist at Standard Chartered Bank shared his reading and outlook of Brexit or Bremain impact on the currency market. He expects markets to remain volatile at least till the time that we see clear pattern emerge. Divya further said Brexit will see a massive risk-off event for global markets, dollar/rupee will move sharply higher, which may see Central Bank’s intervention but if its Bremain, we may see pullback on dollar/rupee. 8:25 am: Gold up more than 3 percent 8:24 am: Brent & Nymex slip 4 percent 8:23 am: Dow Futures down 500 points 8:22 am: 205 out Of 382 areas vote 51.62 percent to leave and 48.38 percent to stay in EU 8:20 am Leave takes lead On the halfway mark with 51.61 percent, remain at 48.39 percent 8:15 am: 195 out Of 382 areas vote 51.30 percent to leave and 48.70 percent to stay in EU 8:12 am: UK Pound Slips 6.5% Against US Dollar: Pound-Dollar 1.3917 8:10 am: Nikkei down 500 points 8:00 am: 171 out of 382 areas vote 51.3 percent to leave & 48.7 percent to stay in EU 7:55 am: Pound slips almost 6 percent against dollar 7:45 am: 161 out of 382 areas vote 51.5 percent to leave & 48.5 percent to stay in EU 7:38 am: 106 out of 382 areas vote 50 percent to leave & 50 percent to stay in EU 7:33 am 100 out of 382 areas vote 49.5 percent to leave and 50.5 percent to stay in EU. 7:30 am Market volatile over Brexit voting result. Nikkei down more than 100 points. 7:29 am: 90 out of 382 areas vote 49.6 percent to leave & 50.5 percent to stay in EU. 7:20 am: Pound recovers from session low, now trades at 1.4512/$: pound-dollar 1.4382 -0.0496. 7:15 am Market outlook: Michael Every of Rabobank said the UK referendum is on a knife-edge and it is very difficult to predict. “The bookmakers have the best odds, now,” he said. Sterling started out at 150 against US dollar and now it is 145. There have been risk-on, risk-of trades, he said. “No one I know is taking any positions today. Liquidity is thin and volatility is high.” He expects different markets to fall 3-4 percent if a Brexit happens. 7:10 am Asia market: Asia markets opened higher , as the first set of results from the United Kingdom (UK) referendum on European Union membership trickled in. Australia’s ASX 200 was up 0.81 percent, with all sectors gaining in early trade. In Japan, the Nikkei 225 was up 0.69 percent, despite early volatility seen in the yen. Across the Korean Strait, the Kospi added 0.35 percent. 7:00 am: 48 out of 382 areas vote 49.4 percent to leave & 50.6 percent to stay in EU 41 out of 382 areas vote 52.7 percent to leave & 47.3 percent to stay in EU 6:55 am: 31 out of 382 areas vote 53.5 percent to leave & 46.5 percent to stay in EU 6:55 am: Pound slips further against dollar, now trades at 1.4496/dollar. 6:45 am: 26 out of 382 areas vote 52.6 percent to leave & 47.4 percent to stay in EU 6:43 am: States vote to leave EU: Flintshire, Brentwood, Southend-on-Sea Blaenau Gwent & North Antrim. 6:33 am: 20 out of 382 areas vote 51.1 percent to leave & 48.9 percent to stay in EU Don’t miss: Global stocks, sterling skid as Brexit results put Leave ahead Counting is underway today across the UK after millions of Britons cast their votes in the historic referendum that would decide whether the country will stay in or leave the European Union (EU). The first few official results on Friday put the ‘Brexit’ campaign ahead, although opinion polls suggest that the vote will end a victory for the ‘remain’ campaign. With results in from the first five of 382 voting districts, those in favour of ending Britain’s 43-year membership had a small lead, but it was too early to discern a reliable trend. Sterling slumped to USD1.4475, having earlier hit a high for the year at USD1.5022. The euro turned tail to hit USD1.1324 and the yen recouped early losses to stand at 104.96 per dollar. Brisk voting marked polling day yesterday as the results remained too close to call till the very last minute. Experts have predicted that a high turnout would benefit the Remain campaign, with earlyindications that voter turnout had been as high as 80 percent in many regions. The final announcement will bring to a close a fever-pitched and highly- strung campaign by both the ‘Brexit’ and Remain sides. There has been much speculation about how the final outcome would impact David Cameron’s own political future as Prime Minister.