How to get FMV ( Fair Market Value ) of a stock on 31 Jan 2018

Question

I want to know how to get FMV of a stock ( Ex. SBIN ) which is purchased from NSE.

I want to know this for filling ITR ( India ).

I tried over nse website as well as moneycontrol website but could not find the FMV of the stock.

I visited https://www.nseindia.com/products/content/equities/equities/eq_security.htm and used filter to get high and low stock values of 31 Jan 2018. But I could not find any FMV info.

mhoran_psprep · Accepted Answer

The Fair Market Value of the stock is the price information you found. Unless there were no transactions that day, the price information shows what buyers/sellers were willing to pay for the stock on that day.

For your situation unless you need the price information for a specific moment during the day in question, just use the closing price for that date.

How to get FMV ( Fair Market Value ) of a stock on 31 Jan 2018

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