Market Price
The price at which a security most recently changed hands on the exchange.
Formula
Market Price = price of the most recent executed trade
Unit
₹
In depth
Market price is a record of a completed transaction, not a quote you are entitled to. By the time it appears on your screen, that buyer and seller are done; what you can actually deal at is the best bid if you are selling and the best ask if you are buying. Price is also not the same thing as value — it is the point at which the marginal buyer and marginal seller agreed, which may or may not reflect what the business is worth. A thinly traded share can show a stale market price that no one will honour in size.
Worked example
The screen shows a last traded price of ₹412.50, with a best bid of ₹412.40 and a best ask of ₹412.60. A market order to buy 100 shares fills at around ₹412.60, costing ₹41,260 rather than the ₹41,250 the quoted price suggested. The gap is the spread, not a fee.
Illustrative figures, chosen so the arithmetic is easy to follow. Not a live price and not a valuation of any company.
Educational reference only
This entry explains what “Market Price” means. It is not investment advice and not a recommendation to buy or sell any security. Any numbers above are illustrative, not live prices, and nothing here predicts price direction or rates a stock. Consider your own circumstances and consult a SEBI-registered investment adviser before acting.