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Why is the price or percentage change incorrect when the last traded price is compared to previous closing price?

The change in price and percentage displayed is based on the preference in the Marketwatch settings. If the change is set to the open price, it may not match the change compared to the previous closing price as the absolute or percentage change is calculated using the previous day’s close by default. To change it to open price, see How to view the absolute or percentage change of an instrument from its opening price on Kite?