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Market Intelligence › Basic Terminologies
The official close of the day, which is the weighted average of the last 30 minutes on the morning hours, not just the last trade.
Published by The Retail Trader · JUL 31, 2026 · Market Basics
Closing Price — the official close of the day, which is the weighted average of the last 30 minutes on the morning market, not just the last trade.
This term comes under Market Basics, in the section "DAY SCHEDULE AND SETTLEMENT". How does a trading day work, and when does the money actually change hands:
Other terms in this group — understanding them together is more useful:
• Trading Hours
• Pre-Open Session
• Opening Price
• LTP (Last Traded Price)
• T+1 Settlement
• Circuit Limit
• Market-Wide Circuit Breaker
• Trading Holiday
• Muhurat Trading
To read the entire group and all its examples in one place, see the journal "MARKET BASICS: ABC of Market" - this term has been taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.