STP helps in: Knowing the current market price of a stock Placing limit or market orders effectively Tracking real-time market movement Making intraday or short-term trading decisions

STP (LTP): Last price at which the stock traded — can happen anytime during market hours Closing price: Calculated as the weighted average price of trades in the last 30…

It changes continuously during market hours as buy and sell orders are executed — sometimes hundreds of times per second for actively traded stocks.