The CMP Full Form in Share Market is Current Market Price. It is the price at which a share or bond is currently selling in the market. It is similar to the recent price that someone has paid for a share. It shows us what it is worth, really worth now.
How Is CMP Determined?
How do we make out what the CMP is? It all falls down to the number of people who would like to buy a share versus the number of people who would like to sell it. If the incoming buyers are more than the number of selling, then the prices increase. But if they are planning to sell more, the price will be pushed down, simple as that.
Why Is CMP Important?
First of all, the CMP allows an investor to check the value of his shares right now, and he can even find good deals within the market. One can also make wise moves on when to purchase or sell shares, when to place the right prices for your trades, and how to manage risk in order to get the best out of your investments.
How to Find CMP?
How will you come to know the CMP of any share? Simple. Just log on to any financial website or use your brokerage firm’s platform, or you can even check a trading app on your phone. All of them show the current prices of the share in real-time. The CMP will be right there on the share’s page for you to see.
