How closing prices have been calculated until now
At present, a stock’s closing price is based on its volume-weighted average price (VWAP) during the final 30 minutes of trading. For example, if 500 shares of Stock X trade at ₹10 ( ₹5,000), 300 shares at ₹12 ( ₹3,600), and 200 shares at ₹14 ( ₹2,800), the total turnover of ₹11,400 divided by 1,000 shares yields a VWAP of ₹11.40. Typically, a market or stock closing above VWAP signals bullishness, while a close below VWAP signals bearishness.
