this is a question typically of stock market …I know what an index means and aware about its calcution method. But I fail to understand that how previous day closnig and today’s openinig numbers can be different ? Hope u got my question.. Thnx a tonne
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The difference in a stocks closing and opening price is due to after hours trading. Which means exactly how it sounds, many stocks are available to trade in after hour markets, leaving you with a quote from the previous days closing, and not necessarily the current price.