3.1What is the current market price (LTP)?
The current market price, also called LTP (Last Traded Price), is the price at which the most recent trade happened.
It tells you roughly what you’d pay or get right now. It changes every second while the market is open.
At an auction, the last bid that won is the current price, until the next item is sold.
Say a bank stock’s LTP is ₹1,950.40 (a made-up price): the last share that changed hands sold for ₹1,950.40. Your market buy order may fill slightly higher or lower, because the next seller may want a different price.
The LTP is the big number at the top of every stock page. When the market is closed, it shows the last price of the day.
- LTP = price of the last trade.
- Changes constantly in market hours.
- Your actual fill can differ slightly.
Q1. What does LTP stand for?Show answer
Last Traded Price.
Q2. Will your market order always fill exactly at the LTP?Show answer
Not always. It fills at the best available price, which may differ slightly.
Q3. What does LTP show after 3:30 p.m.?Show answer
The last traded price of the day.