Market structure & regulation

What is Closing price?

Hinglish mein padhein: Closing price kya hota hai?

On NSE the official closing price is the volume-weighted average price of the last 30 minutes of trading, not the last trade.

This makes the close harder to manipulate with a single trade near 3:30 pm. It is the price used for next-day previous-close comparisons and many valuations.

The last traded price (LTP) at 3:30 pm and the official close can therefore differ slightly.

Related terms

LTP (Last Traded Price)LTP is the price at which the most recent trade in a stock happened. It changes with every trade during market hours.
VWAPVWAP is the average price of a stock during the day weighted by volume — the 'fair' average price paid by everyone who traded.
Market hoursNSE and BSE equity markets trade from 9:15 am to 3:30 pm IST, Monday to Friday, except exchange holidays, with a pre-open session from 9:00 am.