With FII long/short at 8.58%, it indicates excessively short positions have been built up, suggesting an upcoming short covering phase.
"if you see right now it is at 8.58%. These are like extreme low levels when there were I mean even I think during co times also I mean see this is single digit it it can't go I mean long short okay so this means that excessively short positions have been built up and now there will be some point when there will be a short covering"
The additional 25% US tariff will be effective from August 27th, following a 21-day negotiation period.
"But this new tariff additional 21 uh additional 25% tariff will be applicable from 7th of August. Oh sorry from 27th of August he has given 21 days uh additional for some negotiations. So we are total direct report stand at 50% starting 27th August."