Glossary
Market order: meaning, example and why it matters
An order to buy or sell immediately at the best available price. You get speed, but not control over the exact price.
Worked example
A market order for 100 shares when the best offers are 60 shares at ₹500 and 40 at ₹500.50 fills 60 at ₹500 and 40 at ₹500.50, an average of (60 × 500 + 40 × 500.5) ÷ 100 = ₹500.20.
Illustrative numbers for explanation only. They are not market data, a forecast or a suggestion.
Why it matters
A market order gives speed rather than price control, so the fill price can differ from the last price you saw.
Related terms
See it in practice
Frequently asked questions
Why can a market order fill at a different price than I saw?
Prices move and the best offers can run out, so the order can fill across several price levels.
Is this page investment advice?
No. Market order is explained in general terms with illustrative numbers. Market Dekho is not a SEBI-registered Research Analyst or Investment Adviser.
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Educational content, not investment advice. Market Dekho is not a SEBI-registered Research Analyst or Investment Adviser. Spotted a mistake? Email marketdekho01@gmail.com.