Brexit or Bremain? This is how the outcome on either side will hit you

As the vote count in the UK referendum goes down to the wire, here is how the verdict can swing fortunes of different asset classes in either of the two scenarios:-

Catch all the views, news and reaction on Britain's EU referendum here

A Remain Vote will mean:-
► Stocks, currencies will jump while emerging markets like India could see higher flow of overseas portfolio investment

► Uncertainty will end, though UK politics is expected to remain divided

► A rate hike by the US Fed will be back on the table, though the pace of rate increase could remain slow

► Foreign fund flows into India may accelerate while stocks could soar if monsoon outcome and first quarter earnings are good

► Gold prices may remain subdued, but crude prices could see a spike if global growth is perceived to be bouncing back

Also read: Get news, views and all the updates about Brexit here

A Leave Vote will mean:-

► Turmoil in financial markets the world over; stocks to slump across the globe

► Foreign fund flows into India could slow down drastically as investors may go into risk-off mode for sometime

► Dollar to gain, causing the rupee to fall, but the pace of rise of the dollar may be capped. Fed rate hike will go off the table

► Indo-British trade could take a hit if the British economy slows down

► Earnings growth of Indian companies like Tata Motors, Motherson Sumi with exposure to Britain and Europe to take a bit hit

► Nifty could sink below 8,000 mark if the turmoil worsens