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Stock Market Live: Investing mantra amid rising interest rates | Mahindra, Hero Moto, Cipla in focus

European stocks closed lower as investors digested news from United States Federal Reserve, Swiss central bank, and Bank of England as they opted to hike rates. Stoxx 600 closed down 1.8 percent with all sectors and major bourses in negative territory except banks and basic resources, which were flat. Stocks in focus – M&M, Hero MotoCorp, Bombay Dyeing, Cipla and Shilpa Medicare.

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