European Stocks Fall; Stoxx 600 Index Declines 0.3%

By David Merritt

March 19 (Bloomberg) -- European stocks dropped after India’s central bank unexpectedly raised interest rates for the first time since July 2008.

The benchmark Stoxx Europe 600 Index fell 0.3 percent to 260.56 at 2:32 p.m. in London, after earlier rising as much as 0.6 percent.

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net

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