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Data on sectoral deployment of bank credit released by the Reserve Bank of India on Thursday suggests a firm pick-up in loan disbursements across key areas, with overall non-food credit registering an on-year growth of 8 per cent in February 2022.

"Investors tend to sell stocks at the beginning of a new fiscal year to book profits so that they can feel comfortable having cash available in the new year," said Shoichi Arisawa, general manager at the investment research department at IwaiCosmo Securities.

A total of 118,514 shares changed hands on the counter till time (IST).

The S&P/ASX 200 index ended the choppy session 0.08% lower at 7,493.8. For the week, the index added 1.2%.

At 0741 GMT, the rouble was 0.1% weaker against the dollar at 83.25, earlier clipping 80.3325, its strongest mark since Feb. 23. It had gained 0.2% to trade at 92.29 versus the euro.

The stock traded at a P/E multiple of -13.53, while the price-to-book value ratio stood at 599.54.

“We have a big overweight position in specialty chemicals; we continue to hold it. We have increased our exposure to IT and a new sector, theme or trend that we have added in this fall is capital markets. And that is how we are planning to navigate the year ahead.”

​​Every investor needs to look at the valuation and, more importantly, the problem a particular coin is solving, and if that can disrupt a sector in the coming years.

The main goal behind the SHIB project is to create one of the strongest communities in crypto history, said Edul Patel, CEO and Co-founder of Mudrex. "Its big announcements of getting into metaverse space and offering more than 100 thousand plots of virtual space have gathered more than 3 million followers, adding to the token."

Portfolio inflows have been more volatile given the COVID-19 panic, but still have been significant with almost $22 billion of net investment in equity and debt since December 2020.