New Delhi, Oct. 6 -- European stocks came under selling pressure during Monday's session, October 6, with French equities taking the biggest hit after the country's new Prime Minister, Sebastien Lecornu, unexpectedly resigned, triggering a fresh round of selling.

France's CAC 40 slipped 2% to hit the day's low of 7,907, marking its biggest single-day drop since early August and a second straight session of decline. French banks were among the top losers, with Societe Generale, BNP Paribas, and Credit Agricole all falling more than 5%.

The losses in French stocks also spilled over to broader European markets, with the Stoxx Europe 600 falling 0.3%, while major indexes in the U.K., Germany, Spain, and Italy were also trading lower.

Accor...