India, June 11 -- The French stock market's benchmark index CAC 40 climbed higher on Thursday, recovering from previous session's losses, with investors looking ahead to the European Central Bank's policy announcement due later in the day.

The ECB is widely expected to announce a 25 bps hike in interest rate, the first increase in about three years. The ECB Chief Christine Lagarde's post-meeting press conference is eyed for clues about further policy moves.

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